Sarama Resources Ltd (CVE:SWA – Get Free Report) traded up 25% on Saturday . The company traded as high as C$0.05 and last traded at C$0.05. 802,021 shares traded hands during mid-day 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 Stock Performance
The stock 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 debt-to-equity ratio of 21.52, a current ratio of 0.51 and a quick ratio of 3.66. The stock has a market cap 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.
Recommended Stories
- Five stocks we like better than Sarama Resources
- What Are Dividends? Buy the Best Dividend Stocks
- Costco and Ross: 2 Ways to Play the Consumer Divide
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Is Paramount Skydance a Buy Post-Merger, Short Squeeze?
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- V2X Stock: Defense Underdog Riding a $4.3B Air Force Contract
Receive News & Ratings for Sarama Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sarama Resources and related companies with MarketBeat.com's FREE daily email newsletter.
