ShaMaran Petroleum (CVE:SNM) Reaches New 1-Year High – Time to Buy?

ShaMaran Petroleum Corp. (CVE:SNMGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.12 and last traded at C$0.12, with a volume of 1000 shares. The stock had previously closed at C$0.12.

ShaMaran Petroleum Price Performance

The stock has a market cap of C$326.60 million, a price-to-earnings ratio of -3.75 and a beta of 1.14. The company’s 50-day moving average is C$0.09 and its 200-day moving average is C$0.08. The company has a quick ratio of 1.07, a current ratio of 4.05 and a debt-to-equity ratio of 148.75.

ShaMaran Petroleum Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for ShaMaran Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ShaMaran Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.