San Lorenzo Gold (CVE:SLG) Trading Up 20.3% – Here’s Why

San Lorenzo Gold Corp. (CVE:SLGGet Free Report) traded up 20.3% during trading on Tuesday . The stock traded as high as C$0.45 and last traded at C$0.45. 1,581,675 shares traded hands during mid-day trading, an increase of 201% from the average session volume of 525,083 shares. The stock had previously closed at C$0.37.

San Lorenzo Gold Stock Up 18.9 %

The company has a quick ratio of 0.03, a current ratio of 0.75 and a debt-to-equity ratio of 54.08. The firm’s 50 day simple moving average is C$0.13 and its 200 day simple moving average is C$0.09. The company has a market cap of C$31.55 million, a price-to-earnings ratio of -44.00 and a beta of 0.43.

About San Lorenzo Gold

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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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