Sanatana Resources (CVE:STA) Hits New 1-Year Low – Time to Sell?

Sanatana Resources Inc. (CVE:STA) shares reached a new 52-week low on Thursday . The company traded as low as C$0.02 and last traded at C$0.03, with a volume of 67459 shares trading hands. The stock had previously closed at C$0.03.

Sanatana Resources Stock Performance

The company has a market cap of C$2.55 million, a P/E ratio of -2.50 and a beta of 1.32. The company has a quick ratio of 2.01, a current ratio of 5.53 and a debt-to-equity ratio of 3.47. The company has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.07.

Sanatana Resources Company Profile

Sanatana Resources Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. It explores for copper and gold. The company entered in an option agreement to acquire 80% interest in the Oweegee Dome project covering an area of approximately 31,077 hectares located in in Golden Triangle in British Columbia; and 100% interest in the Empress Property, as well as asset purchase agreement to acquire the Santoy Property comprising 32 cell mining claims covering an area of approximately 551 hectares located in in Ontario.