ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.24 and traded as high as C$0.26. ShaMaran Petroleum shares last traded at C$0.25, with a volume of 271,263 shares.
ShaMaran Petroleum Price Performance
The firm has a market capitalization of C$718.86 million, a PE ratio of 8.33 and a beta of 1.24. The business’s 50 day moving average is C$0.24 and its two-hundred day moving average is C$0.22. The company has a debt-to-equity ratio of 100.09, a quick ratio of 1.07 and a current ratio of 4.89.
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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