San Lorenzo Gold (CVE:SLG) Shares Up 13.3% – Still a Buy?

San Lorenzo Gold Corp. (CVE:SLG)’s share price rose 13.3% during trading on Thursday . The stock traded as high as C$6.67 and last traded at C$6.65. Approximately 143,889 shares traded hands during trading, a decline of 36% from the average session volume of 223,554 shares. The stock had previously closed at C$5.87.

San Lorenzo Gold Stock Performance

The stock has a market cap of C$788.40 million, a PE ratio of -242.00 and a beta of -0.12. The stock has a fifty day simple moving average of C$5.58 and a two-hundred day simple moving average of C$4.55. The company has a debt-to-equity ratio of 54.08, a quick ratio of 0.03 and a current ratio of 0.75.

Insider Activity at San Lorenzo Gold

In other news, insider John Aihoshi sold 10,000 shares of the business’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of C$6.25, for a total transaction of C$62,500.00. Following the transaction, the insider directly owned 528,055 shares of the company’s stock, valued at approximately C$3,300,343.75. The trade was a 1.86% decrease in their ownership of the stock. Insiders own 15.72% of the company’s stock.

San Lorenzo Gold Company Profile

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.