San Lorenzo Gold (CVE:SLG) Trading 45.5% Higher – Here’s Why

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

San Lorenzo Gold Price Performance

The company has a debt-to-equity ratio of 54.08, a current ratio of 0.75 and a quick ratio of 0.03. The stock has a market cap of C$5.74 million, a PE ratio of -8.00 and a beta of 0.43. The company has a 50-day simple moving average of C$0.06 and a 200-day simple moving average of C$0.07.

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.

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