Sarama Resources Ltd (CVE:SWA – Get Free Report) dropped 20% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 912,000 shares changed hands during mid-day trading, an increase of 538% from the average daily volume of 143,044 shares. The stock had previously closed at C$0.03.
Sarama Resources Stock Up 25.0 %
The company has a debt-to-equity ratio of 21.52, a current ratio of 0.51 and a quick ratio of 3.66. The stock 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 has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02.
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.
See Also
- Five stocks we like better than Sarama Resources
- Stock Average Calculator
- S&P 500 Hitting Resistance: These 3 Stocks Offer the Best Upside
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Nike’s Post-Earnings Drop Presents a Buying Opportunity
- How to Most Effectively Use the MarketBeat Earnings Screener
- Microsoft’s Targeted Upside Might Be Too Good to Ignore
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.