Sarama Resources Ltd (CVE:SWA – Get Free Report)’s share price was up 50% on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 253,000 shares changed hands during trading, an increase of 305% from the average daily volume of 62,437 shares. The stock had previously closed at C$0.02.
Sarama Resources Stock Performance
The firm has a market cap of C$5.72 million, a price-to-earnings ratio of -1.25 and a beta of 1.74. The firm’s 50 day moving average is C$0.03 and its 200-day moving average is C$0.03. The company has a debt-to-equity ratio of 21.52, a quick ratio of 3.66 and a current ratio of 0.51.
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.
Featured Articles
- Five stocks we like better than Sarama Resources
- Stock Analyst Ratings and Canadian Analyst Ratings
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
- Profitably Trade Stocks at 52-Week Highs
- Why New Tariffs Could Boost These 3 Basic Materials Stocks
- What Are Treasury Bonds?
- MarketBeat Week in Review – 02/03 – 02/07
Receive News & Ratings for Sarama Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sarama Resources and related companies with MarketBeat.com's FREE daily email newsletter.
