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

Shares of San Lorenzo Gold Corp. (CVE:SLGGet Free Report) rose 36.4% during trading on Thursday . The stock traded as high as C$0.10 and last traded at C$0.08. Approximately 498,000 shares changed hands during mid-day trading, an increase of 646% from the average daily volume of 66,776 shares. The stock had previously closed at C$0.06.

San Lorenzo Gold Trading Up 6.3 %

The firm has a market cap of C$6.10 million, a price-to-earnings ratio of -8.50 and a beta of 0.43. 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 company’s 50 day simple moving average is C$0.06 and its 200 day simple moving average is C$0.07.

About San Lorenzo Gold

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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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