Sanatana Resources Inc. (CVE:STA - Get Free Report) shares rose 17.9% on Friday . The stock traded as high as C$0.87 and last traded at C$0.79. Approximately 271,357 shares changed hands during mid-day trading, an increase of 151% from the average daily volume of 108,302 shares. The stock had previously closed at C$0.67.
Sanatana Resources Stock Up 20.9%
The stock has a market capitalization of C$82.49 million, a P/E ratio of -81.00 and a beta of 1.32. 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 firm's fifty day moving average is C$0.26 and its 200-day moving average is C$0.14.
About Sanatana Resources
(
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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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