Salazar Resources (CVE:SRL) Trading Up 23.5% – Time to Buy?

Salazar Resources Limited (CVE:SRLGet Free Report) traded up 23.5% during mid-day trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.11. 1,151,029 shares were traded during trading, an increase of 459% from the average session volume of 205,784 shares. The stock had previously closed at C$0.09.

Salazar Resources Price Performance

The business has a fifty day moving average of C$0.09 and a 200-day moving average of C$0.08. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.91 and a current ratio of 7.36. The firm has a market capitalization of C$23.51 million, a P/E ratio of -2.63 and a beta of 0.84.

About Salazar Resources

(Get Free Report)

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.

Further Reading

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