Sintana Energy (CVE:SEI) Trading Down 18.9% – Here’s What Happened

Shares of Sintana Energy Inc. (CVE:SEIGet Free Report) were down 18.9% during mid-day trading on Tuesday . The stock traded as low as C$0.38 and last traded at C$0.43. Approximately 4,424,600 shares changed hands during trading, an increase of 1,071% from the average daily volume of 377,984 shares. The stock had previously closed at C$0.53.

Sintana Energy Trading Down 18.9%

The company has a market cap of C$163.48 million, a price-to-earnings ratio of -10.75 and a beta of -1.02. The stock has a 50-day simple moving average of C$0.54 and a 200-day simple moving average of C$0.60.

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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