Salazar Resources Limited (CVE:SRL – Get Free Report)’s share price rose 14.3% on Monday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 927,253 shares traded hands during trading, an increase of 114% from the average daily volume of 432,641 shares. The stock had previously closed at C$0.07.
Salazar Resources Stock Performance
The company has a quick ratio of 0.91, a current ratio of 7.36 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average price of C$0.08 and a 200-day moving average price of C$0.08. The company has a market capitalization of C$20.15 million, a price-to-earnings ratio of -2.25 and a beta of 0.84.
Salazar Resources Company Profile
Salazar Resources Limited, a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Latin America. The company primarily explores for copper, zinc, lead, gold, and silver, as well as volcanogenic massive sulfide deposits. It holds a 100% interest in the Curipamba project that consists of seven concessions located in Ecuador.
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