San Lorenzo Gold (CVE:SLG) Shares Up 11.1% – Here’s What Happened

San Lorenzo Gold Corp. (CVE:SLGGet Free Report) shares shot up 11.1% during mid-day trading on Friday . The company traded as high as C$0.11 and last traded at C$0.10. 308,000 shares were traded during mid-day trading, an increase of 397% from the average session volume of 62,007 shares. The stock had previously closed at C$0.09.

San Lorenzo Gold Price Performance

The stock has a market cap of C$6.81 million, a price-to-earnings ratio of -9.50 and a beta of 0.43. The stock has a fifty day simple moving average of C$0.07 and a 200-day simple moving average of C$0.07. The company has a current ratio of 0.75, a quick ratio of 0.03 and a debt-to-equity ratio of 54.08.

About San Lorenzo Gold

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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.

Further Reading

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