Serengeti Resources Inc (CVE:SIR)’s share price rose 2.3% on Wednesday . The company traded as high as C$0.22 and last traded at C$0.22, approximately 120,541 shares were traded during mid-day trading. An increase of 41% from the average daily volume of 85,775 shares. The stock had previously closed at C$0.22.

The company has a current ratio of 1.47, a quick ratio of 1.46 and a debt-to-equity ratio of 3.70. The company has a market capitalization of $23.97 million and a price-to-earnings ratio of -220.00. The company has a fifty day moving average of C$0.21 and a 200-day moving average of C$0.24.

Serengeti Resources Company Profile (CVE:SIR)

Serengeti Resources Inc acquires and explores for mineral properties in Canada. The company's flagship property is the Kwanika copper-gold deposit covering an area of 9,418 hectares located in the northern Quesnel Trough, British Columbia. It also explores for silver and molybdenum resources. The company was formerly known as Serengeti Minerals Ltd.

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