Sintana Energy (CVE:SEI) Shares Up 12.7%

Sintana Energy Inc. (CVE:SEI)’s stock price shot up 12.7% on Thursday . The stock traded as high as C$1.33 and last traded at C$1.33. 1,828,769 shares changed hands during mid-day trading, an increase of 54% from the average session volume of 1,185,878 shares. The stock had previously closed at C$1.18.

Sintana Energy Trading Up 2.9 %

The stock has a market capitalization of C$530.40 million, a price-to-earnings ratio of -71.00 and a beta of 0.94. The firm has a 50-day moving average of C$0.80 and a 200 day moving average of C$0.52. The company has a current ratio of 1.45, a quick ratio of 0.76 and a debt-to-equity ratio of 0.99.

Insider Activity

In related news, insider Charlestown Energy Partners, LLC sold 25,600 shares of the firm’s stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of C$1.00, for a total value of C$25,625.60. In related news, insider Charlestown Energy Partners, LLC sold 25,600 shares of the stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of C$1.00, for a total value of C$25,625.60. Also, Director Dean Paul Gendron sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of C$1.02, for a total transaction of C$51,000.00. Insiders sold a total of 773,860 shares of company stock worth $821,529 over the last 90 days. 15.38% of the stock is currently owned by company insiders.

Sintana Energy Company Profile

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.