Sintana Energy (CVE:SEI) Trading Down 18.9% – What’s Next?

Sintana Energy Inc. (CVE:SEIGet Free Report)’s share price fell 18.9% on Tuesday . The stock traded as low as C$0.38 and last traded at C$0.43. 4,424,600 shares were traded during trading, an increase of 1,071% from the average session volume of 377,971 shares. The stock had previously closed at C$0.53.

Sintana Energy Price Performance

The business has a 50-day simple moving average of C$0.54 and a two-hundred day simple moving average of C$0.60. The stock has a market cap of C$163.48 million, a price-to-earnings ratio of -10.75 and a beta of -1.02.

About Sintana Energy

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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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