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

San Lorenzo Gold Corp. (CVE:SLGGet Free Report)’s stock price traded up 28% 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 mid-day 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 Stock Down 6.3 %

The business’s 50-day moving average is C$0.09 and its two-hundred day moving average is C$0.08. 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 capitalization of C$21.51 million, a price-to-earnings 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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