Sintana Energy (CVE:SEI) Shares Up 25.5% – Time to Buy?

Shares of Sintana Energy Inc. (CVE:SEI) shot up 25.5% 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 Trading Up 25.5%

The firm has a market cap of C$238.90 million, a PE ratio of -23.78 and a beta of 0.87. The stock has a fifty day simple moving average of C$0.53 and a two-hundred day simple moving average of C$0.75.

Insider Buying and Selling at Sintana Energy

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

Sintana Energy Company Profile

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.