Sanatana Resources (CVE:STA) Trading Down 7.4% – Here’s What Happened

Shares of Sanatana Resources Inc. (CVE:STAGet Free Report) traded down 7.4% during trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. 127,275 shares traded hands during trading, an increase of 258% from the average session volume of 35,553 shares. The stock had previously closed at C$0.14.

Sanatana Resources Stock Up 28.0 %

The company has a debt-to-equity ratio of 3.47, a current ratio of 5.53 and a quick ratio of 2.01. The business’s fifty day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.06. The company has a market cap of C$16.29 million, a PE ratio of -16.00 and a beta of 1.32.

About Sanatana Resources

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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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