Shares of Sintana Energy Inc. (CVE:SEI – Get Free Report) fell 18.9% during mid-day trading on Tuesday . The company traded as low as C$0.38 and last traded at C$0.43. 4,424,600 shares changed hands during mid-day trading, an increase of 1,071% from the average session volume of 377,971 shares. The stock had previously closed at C$0.53.
Sintana Energy Trading Down 18.9%
The business’s 50-day simple moving average is C$0.54 and its 200-day simple moving average is C$0.60. The company has a market cap of C$163.48 million, a PE ratio of -10.75 and a beta of -1.02.
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.
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