San Lorenzo Gold (CVE:SLG) Stock Price Up 28% – Should You Buy?

Shares of San Lorenzo Gold Corp. (CVE:SLGGet Free Report) rose 28% during trading on Friday . The stock traded as high as C$0.36 and last traded at C$0.32. Approximately 2,387,811 shares changed hands during mid-day trading, an increase of 657% from the average daily volume of 315,340 shares. The stock had previously closed at C$0.25.

San Lorenzo Gold Trading Down 6.3 %

The company has a 50-day simple moving average of C$0.10 and a 200-day simple moving average of C$0.08. 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 market cap of C$21.51 million, a P/E ratio of -30.00 and a beta of 0.43.

About San Lorenzo Gold

(Get Free Report)

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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