Shares of Sanatana Resources Inc. (CVE:STA – Get Free Report) rose 25% during trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 206,000 shares changed hands during trading, an increase of 167% from the average daily volume of 77,285 shares. The stock had previously closed at C$0.02.
Sanatana Resources Stock Performance
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 stock’s 50-day moving average price is C$0.03 and its 200 day moving average price is C$0.06. The company has a market cap of C$2.55 million, a P/E ratio of -2.50 and a beta of 1.32.
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.
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