Sintana Energy (CVE:SEI) Shares Up 19% – Here’s What Happened

Sintana Energy Inc. (CVE:SEI) was up 19% during trading on Friday . The stock traded as high as C$1.22 and last traded at C$1.19. Approximately 1,071,908 shares changed hands during mid-day trading, an increase of 37% from the average daily volume of 781,405 shares. The stock had previously closed at C$1.00.

Sintana Energy Trading Up 19.0 %

The company has a debt-to-equity ratio of 0.99, a current ratio of 10.18 and a quick ratio of 0.76. The firm’s 50 day moving average is C$1.05 and its 200 day moving average is C$1.14. The company has a market capitalization of C$445.06 million, a PE ratio of -50.00 and a beta of 0.87.

Sintana Energy (CVE:SEI) last posted its quarterly earnings results on Thursday, August 29th. The company reported C($0.01) earnings per share (EPS) for the quarter.

About Sintana Energy

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.