Sintana Energy Inc. (CVE:SEI – Get Free Report) shot up 25.5% on Saturday . The stock traded as high as C$0.73 and last traded at C$0.64. 1,812,352 shares changed hands during mid-day 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 Price Performance
The business has a 50 day moving average of C$0.53 and a 200 day moving average of C$0.75. The firm has a market capitalization of C$238.90 million, a price-to-earnings ratio of -23.78 and a beta of 0.87.
Insider Buying and Selling at Sintana Energy
In related news, Senior Officer David Lewis Cherry sold 100,000 shares of the company’s 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 on Monday, April 28th. The stock was sold at an average price of C$0.49, for a total value of C$44,038.74. Insiders own 15.35% of the company’s stock.
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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