San Lorenzo Gold (CVE:SLG) Sets New 1-Year High – What’s Next?

San Lorenzo Gold Corp. (CVE:SLG) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$7.00 and last traded at C$7.00, with a volume of 350152 shares trading hands. The stock had previously closed at C$5.87.

San Lorenzo Gold Trading Up 3.7%

The company has a market cap of C$788.40 million, a P/E ratio of -242.00 and a beta of -0.12. The business has a fifty day simple moving average of C$5.58 and a 200 day simple moving average of C$4.55. The company has a debt-to-equity ratio of 54.08, a quick ratio of 0.03 and a current ratio of 0.75.

Insider Transactions at San Lorenzo Gold

In related news, insider John Aihoshi sold 10,000 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of C$6.25, for a total transaction of C$62,500.00. Following the transaction, the insider directly owned 528,055 shares in the company, valued at C$3,300,343.75. This trade represents a 1.86% decrease in their ownership of the stock. 15.72% of the stock is owned by company insiders.

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.