ShaMaran Petroleum (CVE:SNM) Sets New 12-Month Low at $0.06

Shares of ShaMaran Petroleum Corp (CVE:SNM) hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07, with a volume of 211200 shares traded. The stock had previously closed at C$0.07.

The company has a market cap of $140.44 million and a price-to-earnings ratio of -3.68. The company has a current ratio of 3.77, a quick ratio of 1.12 and a debt-to-equity ratio of 133.64. The firm’s 50-day moving average price is C$0.07 and its 200 day moving average price is C$0.08.

ShaMaran Petroleum Company Profile (CVE:SNM)

ShaMaran Petroleum Corp., together with its subsidiaries, engages in the exploration and development of oil and gas properties in the Kurdistan Region of Iraq. The company holds a 20.1% direct interest in the Atrush Block production sharing contract, which covers an area of 269 square kilometers located in the Kurdistan region of northern Iraq.

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