Sarama Resources Ltd (CVE:SWA – Get Free Report)’s stock price traded up 50% on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 250,000 shares changed hands during 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 company has a debt-to-equity ratio of 21.52, a quick ratio of 3.66 and a current ratio of 0.51. The stock’s fifty day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The firm has a market cap of C$5.72 million, a PE ratio of -1.25 and a beta of 1.74.
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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