San Lorenzo Gold (CVE:SLG) Shares Pass Above 200-Day Moving Average – Should You Sell?

Shares of San Lorenzo Gold Corp. (CVE:SLGGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.50 and traded as high as C$0.74. San Lorenzo Gold shares last traded at C$0.70, with a volume of 206,251 shares changing hands.

San Lorenzo Gold Stock Down 2.8%

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 firm has a 50 day moving average price of C$0.74 and a 200-day moving average price of C$0.50. The firm has a market cap of C$56.11 million, a price-to-earnings ratio of -70.00 and a beta of -1.14.

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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