Sintana Energy (CVE:SEI) Trading Up 25.5% – Here’s What Happened

Sintana Energy Inc. (CVE:SEIGet Free Report)’s stock price traded up 25.5% during trading on Saturday . The stock traded as high as C$0.73 and last traded at C$0.64. 1,812,352 shares traded hands during trading, an increase of 252% from the average session volume of 514,629 shares. The stock had previously closed at C$0.51.

Sintana Energy Stock Performance

The firm’s 50-day moving average price is C$0.53 and its 200 day moving average price is C$0.75. The company has a market cap of C$238.90 million, a price-to-earnings ratio of -23.78 and a beta of 0.87.

Insider Activity at Sintana Energy

In other Sintana Energy news, Senior Officer David Lewis Cherry sold 100,000 shares of the stock in a transaction on Tuesday, April 8th. The shares were sold at an average price of C$0.46, for a total value of C$46,000.00. Also, Director Robert Bose sold 89,666 shares of the firm’s stock in a transaction dated Monday, April 28th. The stock was sold at an average price of C$0.49, for a total transaction of C$44,038.74. Corporate insiders own 15.35% of the company’s stock.

About Sintana Energy

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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.

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