San Lorenzo Gold (CVE:SLG) Trading 45.5% Higher – Still a Buy?

San Lorenzo Gold Corp. (CVE:SLG)’s stock price rose 45.5% during trading on Friday . The company traded as high as C$0.10 and last traded at C$0.08. Approximately 505,000 shares were traded during trading, an increase of 655% from the average daily volume of 66,845 shares. The stock had previously closed at C$0.06.

San Lorenzo Gold Trading Up 45.5 %

The firm has a market capitalization of C$5.74 million, a P/E ratio of -8.00 and a beta of 0.43. 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 fifty day simple moving average of C$0.06 and a 200 day simple moving average of C$0.07.

About San Lorenzo Gold

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.