Sarama Resources Ltd (CVE:SWA – Get Free Report) shares traded up 25% during trading on Saturday . The stock traded as high as C$0.05 and last traded at C$0.05. 802,021 shares traded hands during trading, an increase of 456% from the average session volume of 144,364 shares. The stock had previously closed at C$0.04.
Sarama Resources Trading Up 25.0%
The firm has a 50 day simple moving average of C$0.04 and a 200 day simple moving average of C$0.03. The company has a current ratio of 0.51, a quick ratio of 3.66 and a debt-to-equity ratio of 21.52. The firm has a market capitalization of C$11.45 million, a PE ratio of -2.50 and a beta of 1.74.
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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