Shares of ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.23 and traded as low as C$0.19. ShaMaran Petroleum shares last traded at C$0.19, with a volume of 19,053 shares trading hands.
ShaMaran Petroleum Trading Up 2.8%
The company has a current ratio of 4.74, a quick ratio of 1.07 and a debt-to-equity ratio of 53.02. The firm has a market capitalization of C$532.48 million, a price-to-earnings ratio of 18.50 and a beta of 1.65. The firm’s 50-day moving average is C$0.23 and its 200 day moving average is C$0.24.
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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