Sarama Resources Ltd (CVE:SWA – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 250,000 shares trading hands. The stock had previously closed at C$0.03.
Sarama Resources Stock Performance
The business has a 50 day moving average of C$0.03 and a 200-day moving average of C$0.04. 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$12.59 million, a P/E ratio of -4.17 and a beta of 2.83.
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. It also holds 100% interest in the Koumandara Project comprises four exploration properties covering an area of approximately 467 square kilometers located within the northern Banfora Greenstone Belt, south-west Burkina Faso.
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