Sintana Energy (CVE:SEI) Shares Down 18.9% – Time to Sell?

Sintana Energy Inc. (CVE:SEIGet Free Report) shares 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 were traded during 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 Price Performance

The company has a market cap of C$157.77 million, a price-to-earnings ratio of -10.38 and a beta of -1.02. The business’s 50-day simple moving average is C$0.53 and its 200-day simple moving average is C$0.60.

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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