San Lorenzo Gold (CVE:SLG) Shares Up 178.6% – Here’s What Happened

San Lorenzo Gold Corp. (CVE:SLGGet Free Report) rose 178.6% during mid-day trading on Tuesday . The company traded as high as C$0.30 and last traded at C$0.20. Approximately 3,697,115 shares traded hands during trading, an increase of 2,184% from the average daily volume of 161,869 shares. The stock had previously closed at C$0.07.

San Lorenzo Gold Price Performance

The company’s 50 day simple moving average is C$0.08 and its 200 day simple moving average is C$0.07. The company has a debt-to-equity ratio of 54.08, a current ratio of 0.75 and a quick ratio of 0.03. The stock has a market cap of C$13.98 million, a P/E ratio of -19.50 and a beta of 0.43.

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 ChaƱaral, III Region, Chile.

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