Sarama Resources Ltd (CVE:SWA – Get Free Report)’s stock price fell 25% on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. 150,000 shares changed hands during mid-day trading, a decline of 0% from the average session volume of 150,373 shares. The stock had previously closed at C$0.02.
Sarama Resources Stock Performance
The firm has a market cap of C$4.58 million, a PE ratio of -1.00 and a beta of 1.75. The company’s fifty day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The company has a quick ratio of 3.66, a current ratio of 0.51 and a debt-to-equity ratio of 21.52.
About Sarama Resources
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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