Sanatana Resources (CVE:STA) Reaches New 12-Month Low – Should You Sell?

Sanatana Resources Inc. (CVE:STA) shares reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 67000 shares changing hands. The stock had previously closed at C$0.10.

Sanatana Resources Trading Down 5.3 %

The business has a 50-day moving average of C$0.06 and a 200 day moving average of C$0.06. The stock has a market cap of C$9.17 million, a PE ratio of -9.00 and a beta of 1.32. The company has a debt-to-equity ratio of 3.47, a quick ratio of 2.01 and a current ratio of 5.53.

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.