Salazar Resources Limited (CVE:SRL – Get Free Report) shares rose 37.5% on Friday . The stock traded as high as C$0.12 and last traded at C$0.11. Approximately 1,211,448 shares changed hands during trading, an increase of 407% from the average daily volume of 239,061 shares. The stock had previously closed at C$0.08.
Salazar Resources Trading Up 31.3 %
The firm has a market capitalization of C$19.33 million, a P/E ratio of -2.67 and a beta of 1.04. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.91 and a current ratio of 4.91. The firm has a 50 day moving average price of C$0.07 and a two-hundred day moving average price of C$0.06.
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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