Shares of ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.22 and traded as low as C$0.22. ShaMaran Petroleum shares last traded at C$0.22, with a volume of 1,000 shares trading hands.
ShaMaran Petroleum Price Performance
The company’s 50 day moving average price is C$0.22 and its 200-day moving average price is C$0.20. The stock has a market cap of C$616.84 million, a P/E ratio of 7.17 and a beta of 1.36. The company has a quick ratio of 1.07, a current ratio of 4.89 and a debt-to-equity ratio of 100.09.
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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