San Lorenzo Gold (CVE:SLG) Trading Up 28% – Here’s What Happened

San Lorenzo Gold Corp. (CVE:SLG) shares shot up 28% during trading on Thursday . The company traded as high as C$0.36 and last traded at C$0.32. Approximately 2,387,811 shares traded hands during trading, an increase of 657% from the average daily volume of 315,340 shares. The stock had previously closed at C$0.25.

San Lorenzo Gold Trading Down 6.3 %

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 firm has a market capitalization of C$21.51 million, a price-to-earnings ratio of -30.00 and a beta of 0.43. The business has a 50-day moving average of C$0.10 and a two-hundred day moving average of C$0.08.

San Lorenzo Gold Company Profile

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.