Shares of ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.07, with a volume of 806078 shares trading hands. The stock had previously closed at C$0.07.
ShaMaran Petroleum Stock Performance
The stock has a market cap of C$197.40 million, a price-to-earnings ratio of -7.50 and a beta of 1.13. The company has a quick ratio of 1.07, a current ratio of 1.57 and a debt-to-equity ratio of 183.22. The business’s 50 day simple moving average is C$0.06 and its 200 day simple moving average is C$0.05.
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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