Sarama Resources Ltd (CVE:SWA – Get Free Report)’s share price was down 20% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 912,000 shares were traded during trading, an increase of 538% from the average daily volume of 143,044 shares. The stock had previously closed at C$0.03.
Sarama Resources Stock Down 20.0 %
The company has a quick ratio of 3.66, a current ratio of 0.51 and a debt-to-equity ratio of 21.52. The company has a market capitalization of C$4.58 million, a price-to-earnings ratio of -1.25 and a beta of 1.74. The business’s 50-day moving average is C$0.02 and its 200-day moving average is 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.
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