San Lorenzo Gold (CVE:SLG) Shares Up 56.8% – Should You Buy?

San Lorenzo Gold Corp. (CVE:SLGGet Free Report)’s share price was up 56.8% during trading on Monday . The company traded as high as C$1.96 and last traded at C$1.96. Approximately 1,166,976 shares were traded during trading, an increase of 336% from the average daily volume of 267,953 shares. The stock had previously closed at C$1.25.

San Lorenzo Gold Stock Up 68.8%

The company has a debt-to-equity ratio of 54.08, a current ratio of 0.75 and a quick ratio of 0.03. The stock has a market cap of C$169.14 million, a price-to-earnings ratio of -211.00 and a beta of -1.16. The firm has a 50 day simple moving average of C$0.85 and a two-hundred day simple moving average of C$0.64.

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. The company is headquartered in Calgary, Canada.

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