San Lorenzo Gold (CVE:SLG) Trading Up 45.5% – Still a Buy?

San Lorenzo Gold Corp. (CVE:SLGGet Free Report) was up 45.5% on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 299,000 shares changed hands during trading, an increase of 359% from the average daily volume of 65,099 shares. The stock had previously closed at C$0.06.

San Lorenzo Gold Trading Up 36.4 %

The firm has a market cap of C$5.38 million, a P/E ratio of -7.50 and a beta of 0.43. The stock has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.07. The company has a current ratio of 0.75, a quick ratio of 0.03 and a debt-to-equity ratio of 54.08.

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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