San Lorenzo Gold (CVE:SLG) Shares Down 18.8% – Here’s Why

San Lorenzo Gold Corp. (CVE:SLGGet Free Report) was down 18.8% on Tuesday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 155,000 shares were traded during mid-day trading, an increase of 185% from the average daily volume of 54,409 shares. The stock had previously closed at C$0.08.

San Lorenzo Gold Price Performance

The company has a market cap of C$4.66 million, a price-to-earnings ratio of -6.50 and a beta of 0.43. The company’s 50 day moving average price is C$0.08 and its 200-day moving average price 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.

San Lorenzo Gold Company Profile

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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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