Sarama Resources (CVE:SWA) Reaches New 52-Week Low at $0.09

Sarama Resources Ltd (CVE:SWAGet 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

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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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