San Lorenzo Gold (CVE:SLG) Trading Up 28% – Time to Buy?

Shares of San Lorenzo Gold Corp. (CVE:SLGGet Free Report) were up 28% during mid-day trading on Thursday . 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 Stock Down 6.3 %

The company has a current ratio of 0.75, a quick ratio of 0.03 and a debt-to-equity ratio of 54.08. The firm’s 50 day simple moving average is C$0.09 and its 200-day simple moving average is C$0.08. The stock has a market capitalization of C$21.51 million, a price-to-earnings 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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