Shares of ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.24 and traded as low as C$0.23. ShaMaran Petroleum shares last traded at C$0.24, with a volume of 363,456 shares traded.
ShaMaran Petroleum Stock Performance
The company has a market capitalization of C$690.79 million, a P/E ratio of 8.83 and a beta of 1.71. The business has a 50 day moving average of C$0.24 and a 200 day moving average of C$0.24. The company has a quick ratio of 1.07, a current ratio of 4.44 and a debt-to-equity ratio of 63.72.
ShaMaran Petroleum Company Profile
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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