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

San Lorenzo Gold Corp. (CVE:SLGGet Free Report)’s share price traded up 45.5% during mid-day trading on Friday . The stock traded as high as C$0.10 and last traded at C$0.08. 505,000 shares changed hands during mid-day trading, an increase of 655% from the average session volume of 66,845 shares. The stock had previously closed at C$0.06.

San Lorenzo Gold Price Performance

The firm has a market cap of C$5.74 million, a P/E ratio of -8.00 and a beta of 0.43. The stock’s 50-day moving average is C$0.06 and its 200-day moving average is C$0.07. The company has a quick ratio of 0.03, a current ratio of 0.75 and a debt-to-equity ratio of 54.08.

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.

Further Reading

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