Sarama Resources Ltd (CVE:SWA – Get Free Report)’s stock price 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 were traded during mid-day 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 Trading Down 14.3%
The firm has a market cap of C$6.87 million, a P/E ratio of -1.50 and a beta of 1.74. The firm’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.03. The company has a quick ratio of 3.66, a current ratio of 0.51 and a debt-to-equity ratio of 21.52.
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.
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