San Lorenzo Gold (CVE:SLG) Shares Up 16.2% – Here’s What Happened

San Lorenzo Gold Corp. (CVE:SLGGet Free Report)’s share price was up 16.2% during trading on Tuesday . The company traded as high as C$0.44 and last traded at C$0.43. Approximately 1,075,477 shares changed hands during mid-day trading, an increase of 110% from the average daily volume of 512,208 shares. The stock had previously closed at C$0.37.

San Lorenzo Gold Stock Down 11.9 %

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 moving average price is C$0.14 and its 200-day moving average price is C$0.09. The stock has a market cap of C$26.53 million, a price-to-earnings ratio of -37.00 and a beta of 0.43.

About San Lorenzo Gold

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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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