Sarama Resources (CVE:SWA) Posts Earnings Results

Sarama Resources (CVE:SWA) announced its earnings results on Friday. The company reported C$0.00 EPS for the quarter, RTT News reports. During the same period last year, the firm posted $0.00 EPS.

Sarama Resources Stock Performance

Shares of SWA stock remained flat at C$0.04 during trading hours on Friday. The stock had a trading volume of 5,000 shares, compared to its average volume of 154,602. 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 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The firm has a market cap of C$18.52 million, a P/E ratio of -5.71 and a beta of 3.35. Sarama Resources has a 1-year low of C$0.03 and a 1-year high of C$0.07.

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.