San Lorenzo Gold (CVE:SLG) Trading 12% Higher – What’s Next?

San Lorenzo Gold Corp. (CVE:SLGGet Free Report)’s share price shot up 12% during trading on Thursday . The company traded as high as C$0.30 and last traded at C$0.28. 1,225,748 shares traded hands during mid-day trading, an increase of 336% from the average session volume of 280,846 shares. The stock had previously closed at C$0.25.

San Lorenzo Gold Stock Performance

The firm has a market cap of C$21.51 million, a price-to-earnings ratio of -30.00 and a beta of 0.43. The company has a debt-to-equity ratio of 54.08, a current ratio of 0.75 and a quick ratio of 0.03. The firm has a fifty day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.08.

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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