San Lorenzo Gold (CVE:SLG) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

San Lorenzo Gold Corp. (CVE:SLGGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.37 and traded as high as C$0.75. San Lorenzo Gold shares last traded at C$0.73, with a volume of 130,320 shares trading hands.

San Lorenzo Gold Stock Down 2.7%

The company has a debt-to-equity ratio of 54.08, a current ratio of 0.75 and a quick ratio of 0.03. The company has a market cap of C$58.52 million, a price-to-earnings ratio of -73.00 and a beta of -1.56. The firm’s 50 day simple moving average is C$0.61 and its 200-day simple moving average is C$0.37.

About San Lorenzo Gold

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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 ChaƱaral, III Region, Chile.

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