ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.09, with a volume of 628697 shares trading hands. The stock had previously closed at C$0.09.
ShaMaran Petroleum Price Performance
The company has a quick ratio of 1.07, a current ratio of 4.05 and a debt-to-equity ratio of 148.75. The business’s 50-day simple moving average is C$0.07 and its 200 day simple moving average is C$0.08. The firm has a market capitalization of C$255.60 million, a P/E ratio of -3.75 and a beta of 1.14.
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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