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

San Lorenzo Gold Corp. (CVE:SLGGet Free Report) rose 45.5% on Friday . The stock traded as high as C$0.10 and last traded at C$0.08. Approximately 505,000 shares traded hands during 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 firm has a 50-day moving average price of C$0.06 and a 200-day moving average price of 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. The stock has a market capitalization of C$6.10 million, a PE ratio of -8.50 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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