San Lorenzo Gold (CVE:SLG) Shares Up 45.5% – Here’s Why

Shares of San Lorenzo Gold Corp. (CVE:SLG) were up 45.5% during mid-day trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.08. Approximately 505,000 shares were traded during mid-day trading, an increase of 655% from the average daily volume of 66,845 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 current ratio of 0.75 and a quick ratio of 0.03. The firm’s fifty day moving average price is C$0.06 and its 200-day moving average price is C$0.07. The company has a market cap of C$6.10 million, a price-to-earnings ratio of -8.50 and a beta of 0.43.

San Lorenzo Gold Company Profile

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.