Sarama Resources Ltd (CVE:SWA – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04, with a volume of 30000 shares changing hands. The stock had previously closed at C$0.04.
Sarama Resources Price Performance
The firm has a market capitalization of C$9.16 million, a P/E ratio of -2.00 and a beta of 1.74. The stock’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is 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.
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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