Sarama Resources Ltd (CVE:SWA – Get Free Report) shares hit a new 52-week high during 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 stock has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.02. The company has a current ratio of 0.51, a quick ratio of 3.66 and a debt-to-equity ratio of 21.52. The stock has a market cap of C$9.16 million, a price-to-earnings ratio of -2.00 and a beta of 1.74.
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.
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