San Lorenzo Gold (CVE:SLG) Trading 45.5% Higher – Here’s What Happened

San Lorenzo Gold Corp. (CVE:SLGGet Free Report)’s stock price shot up 45.5% on Thursday . The stock traded as high as C$0.10 and last traded at C$0.08. 505,000 shares traded hands during trading, an increase of 655% from the average session volume of 66,845 shares. The stock had previously closed at C$0.06.

San Lorenzo Gold Stock Performance

The company has a debt-to-equity ratio of 54.08, a current ratio of 0.75 and a quick ratio of 0.03. The business has a 50-day moving average of C$0.06 and a 200-day moving average of C$0.07. The company has a market capitalization of C$6.10 million, a P/E ratio of -8.50 and a beta of 0.43.

San Lorenzo Gold Company Profile

(Get Free Report)

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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