Alex C. Lengyel Sells 356,160 Shares of ShaMaran Petroleum Corp. (CVE:SNM) Stock

ShaMaran Petroleum Corp. (CVE:SNM) Senior Officer Alex C. Lengyel sold 356,160 shares of the firm’s stock in a transaction dated Monday, April 22nd. The shares were sold at an average price of C$0.61, for a total value of C$217,257.60.

ShaMaran Petroleum Stock Down 11.8 %

Shares of CVE SNM opened at C$0.08 on Wednesday. The stock has a market capitalization of C$211.50 million, a P/E ratio of -7.50 and a beta of 1.13. ShaMaran Petroleum Corp. has a one year low of C$0.04 and a one year high of C$0.09. The firm’s 50 day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.05. The company has a debt-to-equity ratio of 183.22, a current ratio of 1.57 and a quick ratio of 1.07.

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.