Sintana Energy (CVE:SEI) Shares Down 1.6% – Time to Sell?

Sintana Energy Inc. (CVE:SEI)’s stock price traded down 1.6% during trading on Thursday . The stock traded as low as C$0.58 and last traded at C$0.60. 1,272,482 shares traded hands during trading, an increase of 92% from the average session volume of 661,148 shares. The stock had previously closed at C$0.61.

Sintana Energy Stock Performance

The firm’s 50-day moving average price is C$0.51 and its 200 day moving average price is C$0.50. The company has a market cap of C$282.79 million, a price-to-earnings ratio of -13.75 and a beta of -1.53.

Sintana Energy Company Profile

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.