Salazar Resources (CVE:SRL) Reaches New 52-Week High – Still a Buy?

Shares of Salazar Resources Limited (CVE:SRLGet Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.17 and last traded at C$0.17, with a volume of 65000 shares. The stock had previously closed at C$0.16.

Salazar Resources Price Performance

The company has a current ratio of 7.36, a quick ratio of 0.91 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of C$41.06 million, a P/E ratio of -8.25 and a beta of 0.97. The stock has a 50 day moving average of C$0.14 and a 200-day moving average of C$0.12.

About Salazar Resources

(Get Free Report)

Salazar Resources Limited, a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Latin America. The company primarily explores for copper, zinc, lead, gold, and silver, as well as volcanogenic massive sulfide deposits. It holds a 100% interest in the Curipamba project that consists of seven concessions located in Ecuador.

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