Sintana Energy Inc. (CVE:SEI – Get Free Report)’s stock price shot up 25.5% during mid-day trading on Saturday . The stock traded as high as C$0.73 and last traded at C$0.64. 1,812,352 shares traded hands 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 Price Performance
The company has a fifty day moving average of C$0.53 and a 200-day moving average of C$0.75. The firm has a market cap of C$238.90 million, a P/E ratio of -23.78 and a beta of 0.87.
Insider Buying and Selling at Sintana Energy
In other news, Senior Officer David Lewis Cherry sold 100,000 shares of the firm’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. Also, Director Robert Bose sold 89,666 shares of Sintana Energy stock in a transaction on Monday, April 28th. The stock was sold at an average price of C$0.49, for a total value of C$44,038.74. Company insiders own 15.35% of the company’s stock.
About Sintana Energy
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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