San Lorenzo Gold (CVE:SLG) Stock Price Passes Above 200-Day Moving Average – What’s Next?

San Lorenzo Gold Corp. (CVE:SLG)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$1.28 and traded as high as C$3.20. San Lorenzo Gold shares last traded at C$3.03, with a volume of 290,996 shares traded.

San Lorenzo Gold Stock Down 6.9%

The company has a debt-to-equity ratio of 54.08, a quick ratio of 0.03 and a current ratio of 0.75. The company has a market cap of C$242.49 million, a price-to-earnings ratio of -302.50 and a beta of -0.96. The business has a 50-day simple moving average of C$2.39 and a 200-day simple moving average of C$1.28.

About San Lorenzo Gold

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. The company is headquartered in Calgary, Canada.