Shares of Sintana Energy Inc. (CVE:SEI – Get Free Report) dropped 18.9% during trading on Tuesday . The company traded as low as C$0.38 and last traded at C$0.43. Approximately 4,427,600 shares were traded during mid-day trading, an increase of 1,073% from the average daily volume of 377,514 shares. The stock had previously closed at C$0.53.
Sintana Energy Price Performance
The firm has a market cap of C$157.77 million, a price-to-earnings ratio of -10.38 and a beta of -1.02. The company’s fifty day moving average is C$0.53 and its 200 day moving average is C$0.60.
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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