Sarama Resources Ltd

Sarama Resources Ltdverified

SRMMF

Price:

$0.0212

Market Cap:

$5.62M

Sarama Resources Ltd, an exploration stage company, engages in the sourcing, exploration, and development of gold deposits in West Africa. The company holds 100% interest in the Sanutura Project covering an area of approximately 1,420 square kilometers; and 18% interest in the Karankasso Project covering an area of approximately 700 square kilometers located within the southern Houndé Belt, south-west Burkina Faso. It also holds 100% interest in the Koumandara Project comprises four exploration properties covering an area of approximately 467 square kilometers located within the northern Banfora Greenstone Belt, south-west Burkina Faso. The company was incorporated in 2010 and is headquarter...[Read more]

Industry

Gold

IPO Date

2016-06-08

Stock Exchange

PNK

Ticker

SRMMF

The Current Ratio as of December 2024 (TTM) for Sarama Resources Ltd (SRMMF) is 0.54

According to Sarama Resources Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 0.54. This represents a change of 18.67% compared to the average of 0.45 of the last 4 quarters.

Sarama Resources Ltd (SRMMF) Historical Current Ratio (quarterly & annually)

How has SRMMF Current Ratio performed in the past?

The mean historical Current Ratio of Sarama Resources Ltd over the last ten years is 2.71. The current 0.54 Current Ratio has changed 1.88% with respect to the historical average. Over the past ten years (40 quarters), SRMMF's Current Ratio was at its highest in in the September 2020 quarter at 13.92. The Current Ratio was at its lowest in in the March 2024 quarter at 0.23.

Quarterly (TTM)
Annual

Average

2.71

Median

1.63

Minimum

0.53

Maximum

7.72

Sarama Resources Ltd (SRMMF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Sarama Resources Ltd Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 316.86%

Maximum Annual Current Ratio = 7.72

Minimum Annual Increase = -89.41%

Minimum Annual Current Ratio = 0.53

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.53-62.19%
20221.4071.74%
20210.82-89.41%
20207.72316.86%
20191.85-38.17%
20183.00181.04%
20171.0747.92%
20160.72-72.87%
20152.66-63.87%
20147.35-36.05%

Sarama Resources Ltd (SRMMF) Average Current Ratio

How has SRMMF Current Ratio performed in the past?

The current Current Ratio of Sarama Resources Ltd (SRMMF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.92

5-year avg

2.47

10-year avg

2.71

Sarama Resources Ltd (SRMMF) Current Ratio vs. Peers

How is SRMMF’s Current Ratio compared to its peers?

Sarama Resources Ltd’s Current Ratio is less than Rupert Resources Ltd. (12.01), less than Maritime Resources Corp. (1.18), less than Abcourt Mines Inc. (0.67), less than Cerrado Gold Inc. (0.68), less than Cassiar Gold Corp. (4.69), greater than Rover Metals Corp. (0.16), less than Robex Resources Inc. (0.88), less than Orefinders Resources Inc. (0), less than Coeur Mining, Inc. (0), less than Equinox Gold Corp. (1.09), less than B2Gold Corp. (0.85), less than Sandstorm Gold Ltd. (1.83), less than Pan American Silver Corp. (2.29), less than Osisko Gold Royalties Ltd (2.06), less than Wheaton Precious Metals Corp. (4.40), less than Franco-Nevada Corporation (25.71), less than Royal Gold, Inc. (23.39), less than Fortuna Silver Mines Inc. (2.34), less than null (1.94),

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