Sarama Resources Ltd (CVE:SWA – Get Free Report) shares traded down 14.3% on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. 211,714 shares changed hands during trading, an increase of 297% from the average session volume of 53,378 shares. The stock had previously closed at C$0.04.
Sarama Resources Price Performance
The company has a debt-to-equity ratio of 21.52, a quick ratio of 3.66 and a current ratio of 0.51. The stock has a market capitalization of C$6.87 million, a PE ratio of -1.50 and a beta of 1.74. The stock’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.03.
About Sarama Resources
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.
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