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NEW YORK ( TheStreet) -- San Juan Basin Royalty (NYSE: SJT) hit a new 52-week low Monday as it is currently trading at $12.38, below its previous 52-week low of $12.40 with 127,301 shares traded as of 10:55 a.m. ET. Average volume has been 357,100 shares over the past 30 days. San Juan Basin Royalty has a market cap of $592.9 million and is part of the basic materials sector and energy industry. Shares are down 43.1% year to date as of the close of trading on Friday. San Juan Basin Royalty Trust operates as an express trust. The company has a 75% net overriding royalty interest carved out of Burlington Resources Oil & Gas Company LP's oil and gas leasehold interests (the underlying properties) located in the San Juan Basin in northwestern New Mexico. The company has a P/E ratio of 9.2, above the average energy industry P/E ratio of 8.9 and below the S&P 500 P/E ratio of 17.7.