Sanatana Resources (CVE:STA) Sets New 1-Year Low – Time to Sell?

Sanatana Resources Inc. (CVE:STAGet Free Report)’s share price reached a new 52-week low during trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 713500 shares. The stock had previously closed at C$0.03.

Sanatana Resources Stock Performance

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 has a 50 day moving average price of C$0.03 and a 200 day moving average price of C$0.06. The stock has a market capitalization of C$2.04 million, a PE ratio of -2.00 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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