San Lorenzo Gold (CVE:SLG) Trading 11.1% Higher – Here’s Why

San Lorenzo Gold Corp. (CVE:SLGGet Free Report)’s share price was up 11.1% during mid-day trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 207,000 shares changed hands during mid-day trading, an increase of 382% from the average daily volume of 42,907 shares. The stock had previously closed at C$0.09.

San Lorenzo Gold Stock Performance

The company has a market cap of C$7.17 million, a PE ratio of -10.00 and a beta of 0.43. The firm’s fifty day moving average is C$0.07 and its 200 day moving average is C$0.07. The company has a current ratio of 0.75, a quick ratio of 0.03 and a debt-to-equity ratio of 54.08.

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 ChaƱaral, III Region, Chile.

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