Sanatana Resources (CVE:STA) Sets New 1-Year Low – Here’s What Happened

by · The Markets Daily

Sanatana Resources Inc. (CVE:STA – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 132000 shares traded. The stock had previously closed at C$0.04.

Sanatana Resources Trading Down 12.5 %

The business’s fifty day simple moving average is C$0.06 and its 200 day simple moving average is C$0.08. The company has a current ratio of 5.53, a quick ratio of 2.01 and a debt-to-equity ratio of 3.47. The stock has a market cap of C$3.56 million, a P/E ratio of -4.00 and a beta of 1.32.

About Sanatana Resources

(Get Free Report)

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.

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