San Lorenzo Gold (CVE:SLG) Trading Up 16.2% – Still a Buy?

San Lorenzo Gold Corp. (CVE:SLGGet Free Report)’s share price traded up 16.2% during trading on Tuesday . The stock traded as high as C$0.44 and last traded at C$0.43. 1,075,477 shares changed hands during mid-day trading, an increase of 110% from the average session volume of 512,208 shares. The stock had previously closed at C$0.37.

San Lorenzo Gold Stock Up 16.2 %

The company has a debt-to-equity ratio of 54.08, a quick ratio of 0.03 and a current ratio of 0.75. The business’s 50 day moving average price is C$0.13 and its 200 day moving average price is C$0.09. The firm has a market cap of C$30.84 million, a price-to-earnings ratio of -43.00 and a beta of 0.43.

About San Lorenzo Gold

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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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