San Lorenzo Gold (CVE:SLG) Trading Up 28% – Here’s Why

San Lorenzo Gold Corp. (CVE:SLGGet Free Report) shares were up 28% on Friday . The company traded as high as C$0.36 and last traded at C$0.32. Approximately 2,387,811 shares traded hands during mid-day trading, an increase of 657% from the average daily volume of 315,340 shares. The stock had previously closed at C$0.25.

San Lorenzo Gold Trading Up 28.0 %

The firm has a market cap of C$22.95 million, a price-to-earnings ratio of -32.00 and a beta of 0.43. The company has a debt-to-equity ratio of 54.08, a quick ratio of 0.03 and a current ratio of 0.75. The business has a fifty day moving average of C$0.09 and a two-hundred day moving average of C$0.07.

San Lorenzo Gold Company Profile

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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 Chañaral, III Region, Chile.

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