Serengeti Resources Inc. (CVE:SIR – Get Free Report)’s share price shot up 2.1% on Monday . The stock traded as high as C$0.50 and last traded at C$0.49. 70,621 shares were traded during mid-day trading, a decline of 28% from the average session volume of 97,510 shares. The stock had previously closed at C$0.48.
Serengeti Resources Price Performance
The stock has a market cap of C$54.39 million and a price-to-earnings ratio of -8.60. The company has a 50-day moving average of C$0.49 and a 200-day moving average of C$0.49. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.40 and a current ratio of 1.44.
About Serengeti Resources
Serengeti Resources Inc acquires and explores for mineral properties in Canada. It company explores for gold, copper, and silver deposits. The company's flagship property is the Kwanika project that covers an area of 25,928 hectares located in the northern Quesnel Trough, British Columbia. It also has an option to acquire 100% interest in Top Cat project covering an area of approximately 21,600 hectares situated in central British Columbia. The company was formerly known as Serengeti Minerals Ltd.
Read More
- Five stocks we like better than Serengeti Resources
- 3 Stocks With Fresh Catalysts to Watch Before the July 4
- Amprius Insiders Are Selling: Should Investors Be Worried?
- A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
- A Market Rotation Toward Quality Will Benefit These 3 ETFs
Receive News & Ratings for Serengeti Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Serengeti Resources and related companies with MarketBeat.com's FREE daily email newsletter.
