San Lorenzo Gold (CVE:SLG) Stock Price Up 64% – Time to Buy?

San Lorenzo Gold Corp. (CVE:SLGGet Free Report)’s stock price shot up 64% on Monday . The stock traded as high as C$2.18 and last traded at C$2.05. 1,464,644 shares changed hands during mid-day trading, an increase of 393% from the average session volume of 297,121 shares. The stock had previously closed at C$1.25.

San Lorenzo Gold Stock Performance

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 firm has a market capitalization of C$169.14 million, a P/E ratio of -211.00 and a beta of -1.16. The company’s 50 day moving average is C$0.85 and its 200-day moving average is C$0.64.

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. The company is headquartered in Calgary, Canada.

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