Sintana Energy (CVE:SEI) Trading 23.5% Higher – Here’s What Happened

Sintana Energy Inc. (CVE:SEIGet Free Report) traded up 23.5% on Friday . The stock traded as high as C$0.73 and last traded at C$0.63. 1,747,893 shares were traded during trading, an increase of 240% from the average session volume of 513,987 shares. The stock had previously closed at C$0.51.

Sintana Energy Stock Performance

The firm has a market cap of C$238.90 million, a price-to-earnings ratio of -23.78 and a beta of 0.87. The firm has a 50-day moving average price of C$0.53 and a two-hundred day moving average price of C$0.75.

Insider Transactions at Sintana Energy

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

Sintana Energy Company Profile

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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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