The stock of Sarama Resources Ltd (CVE:SWA) is a huge mover today! About 72,000 shares traded hands. Sarama Resources Ltd (CVE:SWA) has risen 6.00% since September 17, 2016 and is uptrending. It has outperformed by 0.39% the S&P500.
The move comes after 8 months positive chart setup for the $28.10 million company. It was reported on Oct, 17 by Barchart.com. We have $0.51 PT which if reached, will make CVE:SWA worth $22.76 million more.
More notable recent Sarama Resources Ltd (CVE:SWA) news were published by: Marketwired.com which released: “Sarama Resources Closes Financing” on June 30, 2016, also Marketwired.com with their article: “Sarama Resources Closes First Tranche of Financing” published on June 24, 2016, Marketwatch.com published: “Sarama Resources to Extend Warrants” on May 06, 2016. More interesting news about Sarama Resources Ltd (CVE:SWA) were released by: Marketwired.com and their article: “Sarama Resources to Sell Three Liberian Exploration Licences to Aureus Mining Inc.” published on November 03, 2015 as well as Marketwired.com‘s news article titled: “Sarama Resources Announces Private Placement to Fund Exploration Programs in …” with publication date: November 10, 2015.
Sarama Resources Ltd. is an exploration-stage firm engaged in the acquisition, exploration and development of mineral properties. The company has a market cap of $28.10 million. The Company’s principal business objective is to explore for and develop gold deposits in West Africa. It currently has negative earnings. It has exploration landholdings in Burkina Faso, Liberia and Mali.
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