Sarama Resources Ltd (CVE:SWA – Get Free Report)’s stock price traded up 50% during mid-day trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. 250,000 shares were traded during mid-day trading, an increase of 302% from the average session volume of 62,187 shares. The stock had previously closed at C$0.02.
Sarama Resources Price Performance
The stock has a market cap of C$5.72 million, a P/E ratio of -1.25 and a beta of 1.74. 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 firm has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.03.
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.
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