Sarama Resources Ltd (SRR.AX)
Sarama Resources Ltd operates in the Gold industry of the Basic Materials sector, headquartered in Subiaco, WA, AU. The stock last traded at $0.03, down 3.23% on the session, giving a market capitalisation of $13.9M. Its beta of 1.40 implies it has historically moved more than the broad market.
Sarama Resources Ltd operates as an exploration-phase enterprise, primarily focused on identifying, assessing, and advancing gold deposits across West Africa. Its portfolio includes full ownership of the Sanutura Project, spanning approximately 1,420 square kilometers, and an 18% stake in the Karankasso Project, which covers about 750 square kilometers, both situated within Burkina Faso. Additionally, Sarama possesses complete control over the Koumandara Project, composed of four distinct exploration properties totaling roughly 467 square kilometers. This project is positioned within the northern Banfora Greenstone Belt, located in southwestern Burkina Faso. Established in 2010, the company maintains its principal office in Subiaco, Australia.
Sarama Resources Ltd is most often compared with the following Basic Materials names: