San Lorenzo Gold (CVE:SLG) Stock Price Up 28% – Time to Buy?

San Lorenzo Gold Corp. (CVE:SLGGet Free Report)’s stock price rose 28% during mid-day trading on Thursday . The company traded as high as C$0.36 and last traded at C$0.32. Approximately 2,387,811 shares were traded during trading, an increase of 657% from the average daily volume of 315,340 shares. The stock had previously closed at C$0.25.

San Lorenzo Gold Stock Performance

The business has a fifty day moving average of C$0.09 and a 200 day moving average of C$0.08. The company has a market cap of C$21.51 million, a P/E ratio of -30.00 and a beta of 0.43. The company has a quick ratio of 0.03, a current ratio of 0.75 and a debt-to-equity ratio of 54.08.

About San Lorenzo Gold

(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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