Shares of ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock 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 Stock Performance
The firm has a market cap of C$197.40 million, a price-to-earnings ratio of -7.50 and a beta of 1.13. The company has a debt-to-equity ratio of 183.22, a quick ratio of 1.07 and a current ratio of 1.57. The firm’s 50 day moving average is C$0.06 and its 200-day moving average is C$0.05.
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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