Simba Energy Inc. (SMB)

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LATEST ARTICLES

Simba Energy Inc. (CVE:SMB) (PINK:SMBZF) Price Tries To Bounce Support June 20, 2012

Simba Energy Inc. ( CVE:SMB ) (PINK:SMBZF) stock price collapsed after an earlier attempt to rally exhausted and forced a slight panic selling. SMB stock price corrected down nearly 13.2% on Wednesday. The trading volume was close to 1.8 million which is roughly an average turnover for this stock. Tuesday's price rally could be related to an article on oilbarrel.com, which analysed the company's potential and might have encouraged the bulls to play SMB. The price action was nearly in...read more

SIMBA ENERGY INC. (CVE:SMB) (PINK:SMBZF) Gets Hot Once Again April 19, 2012

SIMBA ENERGY INC. ( CVE:SMB ) (PINK:SMBZF) share price gaped up after traders started to hunt for more African oil and gas players, not satisfied with the price action in the hottest ones right now. SMB share price was up 24.2% this morning under a trading volume of 1.2 million. The company had no directly related news. Traders started speculating on the stock because of the success of Tullow Oil plc (LON:TLW) and Africa Oil Corp. (CVE:AOI). Like AOI, Simba is comparatively cheap,...read more

Simba Energy Inc. (CVE:SMB) (PINK:SMBZF) Gaps Up Because of Neighbors' Success March 27, 2012

Simba Energy Inc. ( CVE:SMB ) (PINK:SMBZF) stock price jumped up significantly after the company hired independent experts to re-evaluate their oil properties. SMB jumped up 36.8% under a trading volume of 3.6 million which was roughly ten times heavier than the 90 day average of 377.7 thousand. Stock gained value after the company declared to have hired Sproule Associates to assess their Kenyan oil project. The news might not have had such an effect if not the recent discovery by...read more

Simba Energy Inc. (CVE:SMB), (PINK:SMBZF) Stock Is Up in Price and Volume February 01, 2011

For several sessions, the stock of Simba Energy Inc. ( CVE:SMB ), (PINK:SMBZF) has been slowly but firmly climbing up on the Canadian Venture Exchange (CVE). The shares advance in both price and volume, and yesterday the progress was even more noticeable than before. On no new announcements, SMB moved 11.4% up, noting a new high of $0.225 during the day. This was also a 2-year price record. Further encouraging is that the rise came on a large turnover of more than 3.7M shares changing...read more