San Lorenzo Gold (CVE:SLG) Stock Price Up 45.5% – Here’s Why

Shares of San Lorenzo Gold Corp. (CVE:SLGGet Free Report) shot up 45.5% on Friday . The company traded as high as C$0.10 and last traded at C$0.08. 505,000 shares were traded during mid-day trading, an increase of 655% from the average session volume of 66,845 shares. The stock had previously closed at C$0.06.

San Lorenzo Gold Stock Performance

The business’s fifty day moving average is C$0.06 and its two-hundred day moving average is C$0.07. The company has a quick ratio of 0.03, a current ratio of 0.75 and a debt-to-equity ratio of 54.08. The stock has a market capitalization of C$5.74 million, a PE ratio of -8.00 and a beta of 0.43.

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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