Sanatana Resources (CVE:STA) Sets New 52-Week Low – Here’s What Happened

Sanatana Resources Inc. (CVE:STA) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.10 and last traded at C$0.11, with a volume of 51500 shares changing hands. The stock had previously closed at C$0.11.

Sanatana Resources Stock Down 4.8 %

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 of C$0.06 and a 200 day moving average of C$0.06. The firm has a market capitalization of C$10.18 million, a price-to-earnings ratio of -10.00 and a beta of 1.32.

Sanatana Resources Company Profile

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.