San Lorenzo Gold (CVE:SLG) Stock Price Up 37.9% – Still a Buy?

Shares of San Lorenzo Gold Corp. (CVE:SLGGet Free Report) rose 37.9% during trading on Saturday . The stock traded as high as C$0.40 and last traded at C$0.40. Approximately 738,815 shares changed hands during mid-day trading, an increase of 146% from the average daily volume of 299,796 shares. The stock had previously closed at C$0.29.

San Lorenzo Gold Price Performance

The company has a quick ratio of 0.03, a current ratio of 0.75 and a debt-to-equity ratio of 54.08. The company’s 50 day moving average is C$0.24 and its 200 day moving average is C$0.23. The firm has a market capitalization of C$28.68 million, a price-to-earnings ratio of -40.00 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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