San Lorenzo Gold (CVE:SLG) Shares Up 12% – Here’s Why

San Lorenzo Gold Corp. (CVE:SLGGet Free Report) traded up 12% during mid-day trading on Thursday . The stock traded as high as C$0.30 and last traded at C$0.28. 1,225,748 shares traded hands during trading, an increase of 336% from the average session volume of 280,846 shares. The stock had previously closed at C$0.25.

San Lorenzo Gold Price Performance

The firm has a market capitalization of C$21.51 million, a PE ratio of -30.00 and a beta of 0.43. The company has a debt-to-equity ratio of 54.08, a quick ratio of 0.03 and a current ratio of 0.75. The stock has a fifty day moving average price of C$0.09 and a 200-day moving average price of C$0.08.

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 Chañaral, III Region, Chile.

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