Serengeti Resources Inc. (CVE:SIR – Get Free Report)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.49 and traded as low as C$0.49. Serengeti Resources shares last traded at C$0.49, with a volume of 70,621 shares changing hands.
Serengeti Resources Stock Up 2.1%
The stock has a market capitalization of C$54.39 million and a PE ratio of -8.60. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.40 and a current ratio of 1.44. The stock’s 50-day moving average price is C$0.49 and its two-hundred day moving average price is C$0.49.
Serengeti Resources Company Profile
Serengeti Resources Inc acquires and explores for mineral properties in Canada. It company explores for gold, copper, and silver deposits. The company's flagship property is the Kwanika project that covers an area of 25,928 hectares located in the northern Quesnel Trough, British Columbia. It also has an option to acquire 100% interest in Top Cat project covering an area of approximately 21,600 hectares situated in central British Columbia. The company was formerly known as Serengeti Minerals Ltd.
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