ShaMaran Petroleum Corp. (CVE:SNM) Director Purchases C$60,180.00 in Stock

ShaMaran Petroleum Corp. (CVE:SNM) Director William A.W. Lundin bought 501,500 shares of the stock in a transaction on Monday, December 23rd. The stock was bought at an average price of C$0.12 per share, for a total transaction of C$60,180.00.

ShaMaran Petroleum Stock Down 7.7 %

SNM stock opened at C$0.12 on Friday. The stock has a market capitalization of C$340.80 million, a PE ratio of -3.75 and a beta of 1.14. The company has a fifty day moving average of C$0.10 and a 200-day moving average of C$0.08. The company has a debt-to-equity ratio of 148.75, a quick ratio of 1.07 and a current ratio of 4.05. ShaMaran Petroleum Corp. has a one year low of C$0.04 and a one year high of C$0.13.

ShaMaran Petroleum Company Profile

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.