San Lorenzo Gold (CVE:SLG) Shares Up 28% – Here’s Why

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

San Lorenzo Gold Stock Down 6.3 %

The firm has a market cap of C$21.51 million, a price-to-earnings ratio of -30.00 and a beta of 0.43. The firm’s fifty day moving average is C$0.10 and its two-hundred day moving average is C$0.08. The company has a debt-to-equity ratio of 54.08, a current ratio of 0.75 and a quick ratio of 0.03.

San Lorenzo Gold Company Profile

(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.

Featured Stories

Receive News & Ratings for San Lorenzo Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for San Lorenzo Gold and related companies with MarketBeat.com's FREE daily email newsletter.