Sintana Energy Inc. (CVE:SEI – Get Free Report) shares fell 18.2% during mid-day trading on Friday . The company traded as low as C$0.54 and last traded at C$0.54. 2,226,878 shares were traded during mid-day trading, an increase of 484% from the average session volume of 381,494 shares. The stock had previously closed at C$0.66.
Sintana Energy Stock Down 18.2%
The company has a market cap of C$205.11 million, a P/E ratio of -18.00 and a beta of -1.08. The stock has a 50 day moving average price of C$0.62 and a two-hundred day moving average price of C$0.60.
Insider Buying and Selling at Sintana Energy
In other news, Senior Officer David Lewis Cherry sold 67,500 shares of the stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of C$0.58, for a total transaction of C$39,420.00. Company insiders own 15.35% of the company’s stock.
About Sintana Energy
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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