ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report) shares fell 2.1% on Wednesday . The company traded as low as C$0.23 and last traded at C$0.23. 343,756 shares traded hands during trading, an increase of 37% from the average session volume of 251,550 shares. The stock had previously closed at C$0.24.
ShaMaran Petroleum Stock Performance
The company’s 50-day simple moving average is C$0.24 and its 200-day simple moving average is C$0.24. The stock has a market capitalization of C$662.00 million, a price-to-earnings ratio of 8.83 and a beta of 1.71. The company has a current ratio of 4.89, a quick ratio of 1.07 and a debt-to-equity ratio of 100.09.
ShaMaran Petroleum Company Profile
ShaMaran Petroleum Corp., together with its subsidiaries, engages in the oil and gas exploration and production. It holds interest in the Atrush Block production sharing contract; and in the Sarsang Production Sharing Contract in the Kurdistan region of Iraq. The company was incorporated in 1991 and is headquartered in Vancouver, Canada.
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