Sarama Resources (CVE:SWA) Issues Earnings Results

Sarama Resources (CVE:SWA) issued its earnings results on Friday. The company reported C$0.00 earnings per share for the quarter, RTT News reports. During the same quarter in the prior year, the business posted $0.00 EPS.

Sarama Resources Price Performance

SWA stock opened at C$0.04 on Friday. The firm has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.04. The company has a current ratio of 0.51, a quick ratio of 3.66 and a debt-to-equity ratio of 21.52. Sarama Resources has a 12 month low of C$0.03 and a 12 month high of C$0.07. The firm has a market capitalization of C$18.52 million, a P/E ratio of -5.71 and a beta of 3.35.

About Sarama Resources

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. It also holds 100% interest in the Koumandara Project comprises four exploration properties covering an area of approximately 467 square kilometers located within the northern Banfora Greenstone Belt, south-west Burkina Faso.