Sintana Energy Inc. (CVE:SEI – Get Free Report)’s stock price rose 41.4% during mid-day trading on Tuesday . The stock traded as high as C$0.95 and last traded at C$0.82. Approximately 6,927,953 shares changed hands during trading, an increase of 629% from the average daily volume of 950,885 shares. The stock had previously closed at C$0.58.
Sintana Energy Stock Performance
The firm’s 50 day simple moving average is C$0.49 and its 200-day simple moving average is C$0.39. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.76 and a current ratio of 1.49. The company has a market capitalization of C$226.40 million, a price-to-earnings ratio of 82.00 and a beta of 1.14.
Insider Activity
In other news, Director Bruno Maruzzo sold 100,000 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of C$0.38, for a total transaction of C$38,000.00. 18.04% of the stock is currently owned by corporate insiders.
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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