Sanatana Resources Inc. (CVE:STA – Get Free Report)’s share price was up 30% during mid-day trading on Saturday . The company traded as high as C$0.80 and last traded at C$0.78. Approximately 187,179 shares changed hands during mid-day trading, an increase of 68% from the average daily volume of 111,337 shares. The stock had previously closed at C$0.60.
Sanatana Resources Stock Performance
The company has a debt-to-equity ratio of 3.47, a current ratio of 5.53 and a quick ratio of 2.01. The stock has a 50-day simple moving average of C$0.71 and a 200-day simple moving average of C$0.34. The stock has a market cap of C$79.44 million, a P/E ratio of -78.00 and a beta of 1.32.
About Sanatana Resources
Sanatana Resources Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. It explores for copper and gold. The company entered in an option agreement to acquire 80% interest in the Oweegee Dome project covering an area of approximately 31,077 hectares located in in Golden Triangle in British Columbia; and 100% interest in the Empress Property, as well as asset purchase agreement to acquire the Santoy Property comprising 32 cell mining claims covering an area of approximately 551 hectares located in in Ontario.
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