Sarama Resources Ltd (CVE:SWA – Get Free Report)’s share price was up 50% on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 253,000 shares traded hands during mid-day trading, an increase of 305% from the average session volume of 62,437 shares. The stock had previously closed at C$0.02.
Sarama Resources Price Performance
The company has a current ratio of 0.51, a quick ratio of 3.66 and a debt-to-equity ratio of 21.52. The stock has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The firm has a market cap of C$6.87 million, a PE ratio of -1.50 and a beta of 1.74.
About Sarama Resources
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.
Further Reading
- Five stocks we like better than Sarama Resources
- Growth Stocks: What They Are, Examples and How to Invest
- Price Plunge in Roblox Presents Opportunity for Robust Gains
- NYSE Stocks Give Investors a Variety of Quality Options
- Billions in Buybacks: 4 Stocks Rewarding Shareholders Now
- How to Short Nasdaq: An Easy-to-Follow Guide
- 3 Steel Stocks to Gain Strength as Tariffs Reshape the Market
Receive News & Ratings for Sarama Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sarama Resources and related companies with MarketBeat.com's FREE daily email newsletter.
