San Lorenzo Gold (CVE:SLG) Trading Up 178.6% – Here’s Why

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

San Lorenzo Gold Stock Performance

The company has a quick ratio of 0.03, a current ratio of 0.75 and a debt-to-equity ratio of 54.08. The stock has a market capitalization of C$13.98 million, a P/E ratio of -19.50 and a beta of 0.43. The business has a fifty day moving average price of C$0.08 and a 200-day moving average price of C$0.07.

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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