San Lorenzo Gold (CVE:SLG) Trading Up 45.5% – Here’s Why

San Lorenzo Gold Corp. (CVE:SLGGet Free Report)’s share price shot up 45.5% on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. 299,000 shares changed hands during mid-day trading, an increase of 359% from the average session volume of 65,099 shares. The stock had previously closed at C$0.06.

San Lorenzo Gold Stock Performance

The company has a quick ratio of 0.03, a current ratio of 0.75 and a debt-to-equity ratio of 54.08. The firm has a market cap of C$6.10 million, a PE ratio of -8.50 and a beta of 0.43. The firm has a 50-day moving average price of C$0.06 and a two-hundred day moving average price of C$0.07.

San Lorenzo Gold Company Profile

(Get Free Report)

San Lorenzo Gold Corp., an exploration company, acquires and develops mineral properties in Chile. It primarily explores for copper and gold. Its flagship property is 100% interest hold in the Salvadora project that covers an area of 8,796 hectares located in the Province of Chañaral, III Region, Chile.

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