Sanatana Resources (CVE:STA) Hits New 52-Week Low – Here’s What Happened

Sanatana Resources Inc. (CVE:STA)’s share price reached a new 52-week low on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 40259 shares trading hands. The stock had previously closed at C$0.04.

Sanatana Resources Price Performance

The firm has a market cap of C$3.56 million, a price-to-earnings ratio of -3.50 and a beta of 1.32. The company has a current ratio of 5.53, a quick ratio of 2.01 and a debt-to-equity ratio of 3.47. The stock’s fifty day moving average price is C$0.07 and its 200-day moving average price is C$0.08.

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.