San Lorenzo Gold (CVE:SLG) Trading Up 178.6% – Should You Buy?

San Lorenzo Gold Corp. (CVE:SLGGet Free Report) shares rose 178.6% during mid-day trading on Tuesday . The stock traded as high as C$0.30 and last traded at C$0.20. Approximately 3,697,115 shares changed hands during mid-day trading, an increase of 2,184% from the average daily volume of 161,869 shares. The stock had previously closed at C$0.07.

San Lorenzo Gold Stock Up 178.6 %

The stock has a market capitalization of C$13.98 million, a P/E ratio of -19.50 and a beta of 0.43. The company has a current ratio of 0.75, a quick ratio of 0.03 and a debt-to-equity ratio of 54.08. The stock’s 50 day simple moving average is C$0.08 and its 200 day simple moving average is C$0.07.

San Lorenzo Gold Company Profile

(Get Free Report)

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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