Garrett Soden Sells 11,113,667 Shares of ShaMaran Petroleum Corp. (CVE:SNM) Stock

ShaMaran Petroleum Corp. (CVE:SNM) Director Garrett Soden sold 11,113,667 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of C$0.15, for a total value of C$1,667,050.05.

ShaMaran Petroleum Stock Performance

Shares of SNM opened at C$0.16 on Friday. The company has a debt-to-equity ratio of 148.75, a quick ratio of 1.07 and a current ratio of 4.05. The company has a market cap of C$454.40 million, a price-to-earnings ratio of -3.75 and a beta of 1.14. The stock has a fifty day moving average price of C$0.12 and a two-hundred day moving average price of C$0.09. ShaMaran Petroleum Corp. has a 52-week low of C$0.04 and a 52-week high of C$0.17.

ShaMaran Petroleum (CVE:SNM) last released its quarterly earnings results on Thursday, November 7th. The company reported C$0.04 earnings per share (EPS) for the quarter. ShaMaran Petroleum had a negative return on equity of 7.04% and a negative net margin of 12.93%. Analysts predict that ShaMaran Petroleum Corp. will post 0.0271318 EPS for the current fiscal year.

About ShaMaran Petroleum

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.