Sintana Energy (CVE:SEI) Stock Price Down 1.2% – Here’s Why

Shares of Sintana Energy Inc. (CVE:SEIGet Free Report) dropped 1.2% during mid-day trading on Thursday . The stock traded as low as C$0.42 and last traded at C$0.42. Approximately 750,567 shares changed hands during trading, an increase of 9% from the average daily volume of 691,528 shares. The stock had previously closed at C$0.42.

Sintana Energy Price Performance

The company’s 50-day simple moving average is C$0.51 and its 200-day simple moving average is C$0.49. The stock has a market capitalization of C$216.96 million, a price-to-earnings ratio of -21.00 and a beta of -1.68.

About Sintana Energy

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Sintana Energy Inc engages in petroleum and natural gas exploration and development activities. It holds five onshore and offshore petroleum exploration licenses in Namibia, as well as in Colombia's Magdalena Basin. The company is based in Toronto, Canada.

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