ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report)’s share price shot up 13.6% during mid-day trading on Monday . The stock traded as high as C$0.16 and last traded at C$0.15. 1,728,256 shares traded hands during mid-day trading, an increase of 571% from the average session volume of 257,441 shares. The stock had previously closed at C$0.13.
ShaMaran Petroleum Trading Down 3.1 %
The company has a market capitalization of C$440.20 million, a PE ratio of -3.75 and a beta of 1.14. The company has a debt-to-equity ratio of 148.75, a current ratio of 4.05 and a quick ratio of 1.07. The firm’s 50 day moving average is C$0.12 and its 200 day moving average is C$0.09.
ShaMaran Petroleum (CVE:SNM – Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported C$0.04 EPS for the quarter. ShaMaran Petroleum had a negative net margin of 12.93% and a negative return on equity of 7.04%. As a group, equities analysts predict that ShaMaran Petroleum Corp. will post 0.0271318 EPS for the current year.
Insider Buying and Selling at ShaMaran Petroleum
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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