Salazar Resources Limited (CVE:SRL – Get Free Report) shares shot up 37.5% during mid-day trading on Friday . The stock traded as high as C$0.12 and last traded at C$0.11. 1,211,448 shares changed hands during mid-day trading, an increase of 407% from the average session volume of 239,061 shares. The stock had previously closed at C$0.08.
Salazar Resources Stock Up 31.3 %
The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.91 and a current ratio of 4.91. The firm has a market cap of C$19.33 million, a price-to-earnings ratio of -2.67 and a beta of 1.04. The firm has a 50-day moving average price of C$0.07 and a two-hundred day moving average price of C$0.06.
Salazar Resources Company Profile
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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