Sarama Resources Ltd (CVE:SWA – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday. The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 824,000 shares. The stock had previously closed at C$0.03.
Sarama Resources Price Performance
The firm has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.04. The company has a market capitalization of C$12.59 million, a PE ratio of -4.17 and a beta of 2.83. The company has a debt-to-equity ratio of 21.52, a quick ratio of 3.66 and a current ratio of 0.51.
Sarama Resources Company Profile
Sarama Resources Ltd, an exploration stage company, engages in the sourcing, exploration, and development of gold deposits in West Africa. It explores for gold. The company holds 100% interest in the Sanutura Project covering an area of approximately 1,420 square kilometers; and 18% interest in the Karankasso Project covering an area of approximately 750 square kilometers located in Burkina Faso. It also holds 100% interest in the Koumandara Project comprises four exploration properties covering an area of approximately 467 square kilometers located within the northern Banfora Greenstone Belt, south-west Burkina Faso.
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