ShaMaran Petroleum (CVE:SNM) Share Price Passes Below 200 Day Moving Average - Here's What Happened
ShaMaran Petroleum Corp. (CVE:SNM — Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.24 and traded as low as C$0.20. ShaMaran Petroleum shares last traded at C$0.21, with a volume of 224,379 shares.
ShaMaran Petroleum Stock Up 2.4%
The stock’s fifty day moving average price is C$0.23 and its 200-day moving average price is C$0.24. The company has a quick ratio of 1.07, a current ratio of 4.74 and a debt-to-equity ratio of 53.02. The company has a market capitalization of C$604.44 million, a price-to-earnings ratio of 21.00 and a beta of 1.65.
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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