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 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 Down 3.1 %

Shares of CVE:SNM opened at C$0.16 on Thursday. The company has a 50 day moving average of C$0.12 and a 200-day moving average of C$0.09. ShaMaran Petroleum Corp. has a one year low of C$0.04 and a one year high of C$0.16. The stock has a market cap of C$440.20 million, a price-to-earnings ratio of -3.75 and a beta of 1.14. The company has a debt-to-equity ratio of 148.75, a current ratio of 4.05 and a quick ratio of 1.07.

ShaMaran Petroleum (CVE:SNM) last released its quarterly earnings data on Thursday, November 7th. The company reported C$0.04 EPS for the quarter. ShaMaran Petroleum had a negative net margin of 12.93% and a negative return on equity of 7.04%. On average, sell-side analysts forecast that ShaMaran Petroleum Corp. will post 0.0271318 earnings per share for the current 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.