Sintana Energy (CVE:SEI) Trading Up 8.7% – Still a Buy?

Sintana Energy Inc. (CVE:SEIGet Free Report) shares rose 8.7% on Wednesday . The stock traded as high as C$1.13 and last traded at C$1.13. Approximately 187,410 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 768,823 shares. The stock had previously closed at C$1.04.

Sintana Energy Trading Up 3.4 %

The business’s 50 day moving average price is C$1.05 and its 200-day moving average price is C$1.14. The company has a current ratio of 10.18, a quick ratio of 0.76 and a debt-to-equity ratio of 0.99. The company has a market cap of C$460.02 million, a price-to-earnings ratio of -61.50 and a beta of 0.87.

Insider Activity at Sintana Energy

In other Sintana Energy news, Director Robert Bose purchased 444,444 shares of the stock in a transaction dated Friday, November 22nd. The stock was bought at an average price of C$0.45 per share, with a total value of C$199,999.80. 15.35% of the stock is owned by insiders.

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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