Sintana Energy (CVE:SEI) Shares Up 25.5% – Still a Buy?

Shares of Sintana Energy Inc. (CVE:SEIGet Free Report) shot up 25.5% on Friday . The company traded as high as C$0.73 and last traded at C$0.64. 1,812,352 shares changed hands during trading, an increase of 252% from the average session volume of 514,629 shares. The stock had previously closed at C$0.51.

Sintana Energy Stock Performance

The company has a market cap of C$238.90 million, a P/E ratio of -23.78 and a beta of 0.87. The stock has a 50-day moving average of C$0.53 and a two-hundred day moving average of C$0.75.

Insider Activity at Sintana Energy

In other Sintana Energy news, Director Robert Bose sold 89,666 shares of Sintana Energy stock in a transaction on Monday, April 28th. The stock was sold at an average price of C$0.49, for a total value of C$44,038.74. Also, Senior Officer David Lewis Cherry sold 100,000 shares of Sintana Energy stock in a transaction on Tuesday, April 8th. The stock was sold at an average price of C$0.46, for a total value of C$46,000.00. 15.35% of the stock is owned by corporate insiders.

Sintana Energy Company Profile

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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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