San Lorenzo Gold (CVE:SLG) Shares Pass Above 200-Day Moving Average – Here’s What Happened

San Lorenzo Gold Corp. (CVE:SLG)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.28 and traded as high as C$3.20. San Lorenzo Gold shares last traded at C$3.03, with a volume of 290,996 shares changing hands.

San Lorenzo Gold Stock Performance

The stock has a market cap of C$242.49 million, a P/E ratio of -302.50 and a beta of -0.96. 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 business has a 50 day moving average price of C$2.39 and a two-hundred day moving average price of C$1.29.

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. The company is headquartered in Calgary, Canada.