San Lorenzo Gold (CVE:SLG) Trading 28% Higher – Still a Buy?

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

San Lorenzo Gold Trading Down 6.3 %

The business has a 50 day moving average of C$0.09 and a 200-day 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. The firm has a market capitalization of C$21.51 million, a P/E ratio of -30.00 and a beta of 0.43.

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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