Serengeti Resources Inc. (CVE:SIR – Get Free Report) shot up 2.1% during mid-day trading on Friday . The company traded as high as C$0.50 and last traded at C$0.49. 70,621 shares traded hands during trading, a decline of 28% from the average session volume of 97,510 shares. The stock had previously closed at C$0.48.
Serengeti Resources Stock Performance
The company’s fifty day simple moving average is C$0.49 and its 200 day simple moving average is C$0.49. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.44 and a quick ratio of 1.40. The firm has a market capitalization of C$54.39 million and a PE ratio of -8.60.
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.
Read More
- Five stocks we like better than Serengeti Resources
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- Ticker Revealed: Pre-IPO Access to “Next Elon Musk” Company
- First Time Since 2007: All Warnings Active
- Best $19 you’ll spend this year.
Receive News & Ratings for Serengeti Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Serengeti Resources and related companies with MarketBeat.com's FREE daily email newsletter.
