San Lorenzo Gold (CVE:SLG) Stock Price Up 2.6% – What’s Next?

San Lorenzo Gold Corp. (CVE:SLG)’s stock price rose 2.6% during mid-day trading on Monday. The stock traded as high as C$6.50 and last traded at C$6.30. 148,616 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 208,825 shares. The stock had previously closed at C$6.14.

San Lorenzo Gold Trading Up 2.6%

The firm has a market cap of C$670.81 million, a P/E ratio of -210.00 and a beta of -1.62. 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 50 day moving average of C$6.27 and a 200 day moving average of C$4.63.

Insider Transactions at San Lorenzo Gold

In other news, insider John Aihoshi sold 5,000 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of C$5.65, for a total value of C$28,250.00. Following the completion of the transaction, the insider directly owned 518,055 shares in the company, valued at approximately C$2,927,010.75. This represents a 0.96% decrease in their position. 15.72% of the stock is currently owned by company insiders.

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.