Salazar Resources (CVE:SRL) Reaches New 52-Week High – Still a Buy?

Salazar Resources Limited (CVE:SRLGet Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as C$0.18 and last traded at C$0.18, with a volume of 62125 shares. The stock had previously closed at C$0.17.

Salazar Resources Price Performance

The business’s 50 day moving average is C$0.16 and its two-hundred day moving average is C$0.15. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.91 and a current ratio of 7.36. The firm has a market capitalization of C$44.79 million, a PE ratio of -9.00 and a beta of 1.10.

About Salazar Resources

(Get Free Report)

Salazar Resources Limited, a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Latin America. The company primarily explores for copper, zinc, lead, gold, and silver, as well as volcanogenic massive sulfide deposits. It holds a 100% interest in the Curipamba project that consists of seven concessions located in Ecuador.

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