San Lorenzo Gold Corp. (CVE:SLG – Get Free Report) shares passed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of C$6.27 and traded as low as C$5.92. San Lorenzo Gold shares last traded at C$6.24, with a volume of 95,048 shares.
San Lorenzo Gold Stock Down 0.9%
The company has a debt-to-equity ratio of 54.08, a quick ratio of 0.03 and a current ratio of 0.75. The firm has a market capitalization of C$624.49 million, a PE ratio of -195.50 and a beta of -1.62. The company has a fifty day moving average price of C$6.28 and a 200-day moving average price of C$4.69.
Insiders Place Their Bets
In related news, insider John Aihoshi sold 5,000 shares of the business’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of C$5.65, for a total value of C$28,250.00. Following the sale, the insider owned 518,055 shares in the company, valued at approximately C$2,927,010.75. The trade was a 0.96% decrease in their ownership of the stock. Corporate insiders own 15.72% of the company’s stock.
About San Lorenzo Gold
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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