Salazar Resources Limited (CVE:SRL – Get Free Report) was up 14.3% during mid-day trading on Monday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 927,253 shares changed hands during trading, an increase of 114% from the average daily volume of 432,641 shares. The stock had previously closed at C$0.07.
Salazar Resources Stock Performance
The company has a debt-to-equity ratio of 0.52, a current ratio of 7.36 and a quick ratio of 0.91. The stock’s 50-day moving average is C$0.08 and its 200 day moving average is C$0.08. The stock has a market cap of C$19.03 million, a price-to-earnings ratio of -2.13 and a beta of 0.84.
Salazar Resources Company Profile
Salazar Resources Limited, a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Latin America. The company primarily explores for copper, zinc, lead, gold, and silver, as well as volcanogenic massive sulfide deposits. It holds a 100% interest in the Curipamba project that consists of seven concessions located in Ecuador.
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