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NEW YORK ( TheStreet) -- InterOil Corporation (NYSE: IOC) hit a new 52-week high Monday as it is currently trading at $76.86, above its previous 52-week high of $75.87 with 680,166 shares traded as of 2:10 p.m. ET. Average volume has been 660,400 shares over the past 30 days. InterOil has a market cap of $3.39 billion and is part of the basic materials sector and energy industry. Shares are up 37.7% year to date as of the close of trading on Friday. InterOil Corporation operates as an integrated oil and gas company in Papua New Guinea. The company engages in the exploration, appraisal, and development of crude oil and natural gas structures. The company has a P/E ratio of 130.4, below the average energy industry P/E ratio of 132.8 and above the S&P 500 P/E ratio of 17.7.