Sintana Energy (CVE:SEI) Shares Up 25.5% – Should You Buy?

Shares of Sintana Energy Inc. (CVE:SEIGet Free Report) shot up 25.5% during trading on Saturday . The company traded as high as C$0.73 and last traded at C$0.64. 1,812,352 shares were traded during trading, an increase of 252% from the average session volume of 514,629 shares. The stock had previously closed at C$0.51.

Sintana Energy Stock Performance

The firm has a market capitalization of C$238.90 million, a price-to-earnings ratio of -23.78 and a beta of 0.87. The business has a fifty day moving average price of C$0.53 and a 200 day moving average price of C$0.75.

Insider Transactions at Sintana Energy

In related news, Director Robert Bose sold 89,666 shares of the company’s stock in a transaction on Monday, April 28th. The shares were sold at an average price of C$0.49, for a total transaction of C$44,038.74. Also, Senior Officer David Lewis Cherry sold 100,000 shares of the company’s stock in a transaction on Tuesday, April 8th. The stock was sold at an average price of C$0.46, for a total transaction of C$46,000.00. Insiders own 15.35% of the company’s stock.

Sintana Energy Company Profile

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Sintana Energy Inc engages in petroleum and natural gas exploration and development activities. It holds five onshore and offshore petroleum exploration licenses in Namibia, as well as in Colombia's Magdalena Basin. The company is based in Toronto, Canada.

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