San Lorenzo Gold (CVE:SLG) Trading 37.9% Higher – Here’s Why

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

San Lorenzo Gold Stock Performance

The company has a market capitalization of C$28.68 million, a P/E ratio of -40.00 and a beta of 0.43. The business has a 50-day moving average of C$0.24 and a 200-day moving average of C$0.23. The company has a debt-to-equity ratio of 54.08, a current ratio of 0.75 and a quick ratio of 0.03.

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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