San Lorenzo Gold (CVE:SLG) Shares Up 45.5% – Should You Buy?

San Lorenzo Gold Corp. (CVE:SLGGet Free Report) shot up 45.5% on Friday . The company traded as high as C$0.10 and last traded at C$0.08. 505,000 shares changed hands during mid-day trading, an increase of 655% from the average session volume of 66,845 shares. The stock had previously closed at C$0.06.

San Lorenzo Gold Stock Performance

The business has a 50 day moving average price of C$0.06 and a two-hundred day moving average price of 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 company has a market cap of C$6.10 million, a P/E ratio of -8.50 and a beta of 0.43.

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.

See Also

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.