Sarama Resources Ltd (CVE:SWA – Get Free Report) shares were up 16.7% during mid-day trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 130,000 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 158,576 shares. The stock had previously closed at C$0.03.
Sarama Resources Trading Up 16.7 %
The stock has a market cap of C$8.01 million, a PE ratio of -1.75 and a beta of 1.74. The firm has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.02. The company has a debt-to-equity ratio of 21.52, a quick ratio of 3.66 and a current ratio of 0.51.
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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