San Lorenzo Gold (CVE:SLG) Shares Up 36.4% – Here’s Why

Shares of San Lorenzo Gold Corp. (CVE:SLGGet Free Report) rose 36.4% during mid-day trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.08. Approximately 503,000 shares changed hands during trading, an increase of 653% from the average daily volume of 66,832 shares. The stock had previously closed at C$0.06.

San Lorenzo Gold Stock Performance

The company has a debt-to-equity ratio of 54.08, a quick ratio of 0.03 and a current ratio of 0.75. The firm has a market cap of C$6.10 million, a P/E ratio of -8.50 and a beta of 0.43. The company’s 50 day moving average is C$0.06 and its 200 day moving average is C$0.07.

About San Lorenzo Gold

(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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