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

San Lorenzo Gold Corp. (CVE:SLG) rose 45.5% during mid-day trading on Friday . The company traded as high as C$0.10 and last traded at C$0.08. Approximately 505,000 shares changed hands 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 stock has a market cap of C$5.74 million, a PE ratio of -8.00 and a beta of 0.43. 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 company’s 50-day moving average price is C$0.06 and its 200 day moving average price is C$0.07.

San Lorenzo Gold Company Profile

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.