Sarama Resources Ltd (CVE:SWA – Get Free Report) reached a new 52-week high on Friday . The company traded as high as C$0.03 and last traded at C$0.03, with a volume of 471333 shares. The stock had previously closed at C$0.03.
Sarama Resources Trading Up 20.0 %
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 market capitalization of C$6.87 million, a price-to-earnings ratio of -1.50 and a beta of 1.74. The business has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02.
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.
Further Reading
- Five stocks we like better than Sarama Resources
- Dividend Capture Strategy: What You Need to Know
- 3 Micro-Caps Set for Major Moves: Balancing Risk and Opportunity
- The How and Why of Investing in Gold Stocks
- Autodesk Named a “Top Pick” by Morgan Stanley—Is It Time to Buy?
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- 4 Quirky ETFs With Big Potential for Impressive Gains
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.
