Sarama Resources Ltd (CVE:SWA – Get Rating)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 98222 shares. The stock had previously closed at C$0.09.
Sarama Resources Price Performance
The company has a market capitalization of C$13.65 million, a price-to-earnings ratio of -2.25 and a beta of 1.46. The company’s 50 day simple moving average is C$0.11 and its 200-day simple moving average is C$0.11. The company has a current ratio of 1.40, a quick ratio of 3.66 and a debt-to-equity ratio of 21.52.
About Sarama Resources
Sarama Resources Ltd, an exploration stage company, engages in the sourcing, exploration, and development of gold deposits in West Africa. 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 700 square kilometers located within the southern Houndé Belt, south-west Burkina Faso.
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