ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.24 and traded as low as C$0.23. ShaMaran Petroleum shares last traded at C$0.24, with a volume of 302,315 shares traded.
ShaMaran Petroleum Stock Performance
The firm’s fifty day moving average is C$0.24 and its 200 day moving average is C$0.24. The firm has a market capitalization of C$676.39 million, a price-to-earnings ratio of 8.83 and a beta of 1.71. The company has a debt-to-equity ratio of 100.09, a current ratio of 4.89 and a quick ratio of 1.07.
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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