San Lorenzo Gold (CVE:SLG) Shares Up 36.4% – Still a Buy?

San Lorenzo Gold Corp. (CVE:SLGGet Free Report)’s share price rose 36.4% on Thursday . The stock traded as high as C$0.10 and last traded at C$0.08. Approximately 503,000 shares were traded during mid-day trading, an increase of 653% from the average daily volume of 66,832 shares. The stock had previously closed at C$0.06.

San Lorenzo Gold Trading Up 6.3 %

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 stock has a 50-day moving average of C$0.06 and a two-hundred day moving average of C$0.07. The company has a market cap of C$6.10 million, a P/E ratio of -8.50 and a beta of 0.43.

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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