Sarama Resources Ltd (CVE:SWA – Get Free Report)’s stock price rose 50% during trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 253,000 shares were traded during trading, an increase of 305% from the average daily volume of 62,437 shares. The stock had previously closed at C$0.02.
Sarama Resources Stock Up 50.0 %
The stock’s fifty day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The stock has a market capitalization of C$6.87 million, a P/E ratio of -1.50 and a beta of 1.74. The company has a debt-to-equity ratio of 21.52, a quick ratio of 3.66 and a current ratio of 0.51.
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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