San Lorenzo Gold (CVE:SLG) Trading Up 45.5% – Still a Buy?

San Lorenzo Gold Corp. (CVE:SLGGet Free Report)’s share price rose 45.5% on Friday . The company traded as high as C$0.10 and last traded at C$0.08. Approximately 505,000 shares changed 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 Stock Up 6.3 %

The company’s 50 day simple moving average is C$0.06 and its 200-day simple moving average is C$0.07. 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 firm 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

(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.

Further Reading

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.