ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.21 and traded as high as C$0.22. ShaMaran Petroleum shares last traded at C$0.22, with a volume of 65,348 shares trading hands.
ShaMaran Petroleum Stock Up 4.8%
The firm’s 50 day simple moving average is C$0.22 and its 200 day simple moving average is C$0.21. The company has a market cap of C$631.19 million, a price-to-earnings ratio of 7.33 and a beta of 1.23. The company has a quick ratio of 1.07, a current ratio of 4.89 and a debt-to-equity ratio of 100.09.
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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