Sintana Energy (CVE:SEI) Trading Up 5.6%

Shares of Sintana Energy Inc. (CVE:SEI) were up 5.6% during mid-day trading on Wednesday . The company traded as high as C$1.34 and last traded at C$1.33. Approximately 159,088 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 1,166,830 shares. The stock had previously closed at C$1.26.

Sintana Energy Stock Down 2.8 %

The company has a current ratio of 1.45, a quick ratio of 0.76 and a debt-to-equity ratio of 0.99. The stock’s 50-day simple moving average is C$1.02 and its 200-day simple moving average is C$0.61. The firm has a market capitalization of C$515.46 million, a P/E ratio of -69.00 and a beta of 0.94.

Insiders Place Their Bets

In other Sintana Energy news, Director Bruno Maruzzo sold 25,000 shares of the company’s stock in a transaction dated Monday, June 10th. The shares were sold at an average price of C$1.30, for a total value of C$32,500.00. In other Sintana Energy news, Director Keith Dean Spickelmier sold 100,000 shares of the business’s stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of C$1.35, for a total value of C$135,200.00. Also, Director Bruno Maruzzo sold 25,000 shares of the business’s stock in a transaction dated Monday, June 10th. The shares were sold at an average price of C$1.30, for a total transaction of C$32,500.00. In the last ninety days, insiders sold 898,860 shares of company stock valued at $1,088,329. Corporate insiders own 15.38% of the company’s stock.

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.