ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.24 and traded as low as C$0.24. ShaMaran Petroleum shares last traded at C$0.24, with a volume of 178,138 shares changing hands.
ShaMaran Petroleum Stock Up 4.3%
The company has a debt-to-equity ratio of 100.09, a current ratio of 4.89 and a quick ratio of 1.07. The stock’s fifty day simple moving average is C$0.24 and its 200-day simple moving average is C$0.24. The stock has a market cap of C$690.79 million, a P/E ratio of 8.83 and a beta of 1.71.
About ShaMaran Petroleum
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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