San Lorenzo Gold (CVE:SLG) Stock Price Down 8% – Should You Sell?

San Lorenzo Gold Corp. (CVE:SLGGet Free Report) was down 8% during trading on Thursday . The stock traded as low as C$0.23 and last traded at C$0.23. Approximately 161,610 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 253,887 shares. The stock had previously closed at C$0.25.

San Lorenzo Gold Price Performance

The stock has a market cap of C$21.51 million, a P/E ratio of -30.00 and a beta of 0.43. The company has a 50 day simple moving average of C$0.09 and a 200 day simple moving average of C$0.08. 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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