Sanatana Resources (CVE:STA) Stock Price Down 1.4% - Here's What Happened

Sanatana Resources Inc. (CVE:STA - Get Free Report)'s share price fell 1.4% during mid-day trading on Monday . The stock traded as low as C$0.72 and last traded at C$0.73. 37,000 shares traded hands during mid-day 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 company has a debt-to-equity ratio of 3.47, a current ratio of 5.53 and a quick ratio of 2.01. The firm's 50 day moving average is C$0.47 and its 200 day moving average is C$0.21. The firm has a market cap of C$70.27 million, a P/E ratio of -69.00 and a beta of 1.32.

About Sanatana Resources

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.