Sarama Resources Ltd (CVE:SWA – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 480000 shares trading hands. The stock had previously closed at C$0.03.
Sarama Resources Stock Performance
The company has a debt-to-equity ratio of 21.52, a quick ratio of 3.66 and a current ratio of 0.51. The stock’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.04. The firm has a market cap of C$15.11 million, a price-to-earnings ratio of -5.00 and a beta of 3.40.
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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