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Sanatana Resources (CVE:STA) Stock Price Down 1.4% - Time to Sell?

Sanatana Resources logo with Basic Materials background

Sanatana Resources Inc. (CVE:STA - Get Free Report) shares fell 1.4% during mid-day trading on Monday . The company traded as low as C$0.72 and last traded at C$0.73. 37,000 shares changed hands during trading, a decline of 66% from the average session volume of 108,168 shares. The stock had previously closed at C$0.74.

Sanatana Resources Price Performance

The stock has a market capitalization of C$74.34 million, a PE ratio of -73.00 and a beta of 1.32. The company has a quick ratio of 2.01, a current ratio of 5.53 and a debt-to-equity ratio of 3.47. The stock's 50 day moving average price is C$0.43 and its 200-day moving average price is C$0.20.

Sanatana Resources Company Profile

(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.

Further Reading

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