Sarama Resources Ltd (CVE:SWA – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04, with a volume of 105000 shares. The stock had previously closed at C$0.03.
Sarama Resources Stock Up 16.7 %
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 capitalization of C$8.01 million, a P/E ratio of -1.75 and a beta of 1.74. The firm has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.02.
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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