ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.07, with a volume of 806078 shares changing hands. The stock had previously closed at C$0.07.
ShaMaran Petroleum Price Performance
The stock has a market cap of C$211.50 million, a price-to-earnings ratio of -7.50 and a beta of 1.13. The stock has a fifty day simple moving average of C$0.06 and a 200-day simple moving average of C$0.05. The company has a current ratio of 1.57, a quick ratio of 1.07 and a debt-to-equity ratio of 183.22.
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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