Sintana Energy (CVE:SEI) Stock Price Down 13.2% – What’s Next?

by · The Markets Daily

Shares of Sintana Energy Inc. (CVE:SEIGet Free Report) traded down 13.2% during trading on Tuesday . The company traded as low as C$0.38 and last traded at C$0.46. 2,737,246 shares changed hands during trading, an increase of 640% from the average session volume of 369,811 shares. The stock had previously closed at C$0.53.

Sintana Energy Price Performance

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

About Sintana Energy

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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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