San Lorenzo Gold (CVE:SLG) Stock Price Up 37.6% – Should You Buy?

San Lorenzo Gold Corp. (CVE:SLGGet Free Report) rose 37.6% on Monday . The stock traded as high as C$1.74 and last traded at C$1.72. Approximately 703,954 shares were traded during trading, an increase of 223% from the average daily volume of 218,155 shares. The stock had previously closed at C$1.25.

San Lorenzo Gold Trading Up 68.8%

The company’s 50 day simple moving average is C$0.85 and its 200-day simple moving average is C$0.64. The firm has a market cap of C$169.14 million, a P/E ratio of -211.00 and a beta of -1.16. The company has a quick ratio of 0.03, a current ratio of 0.75 and a debt-to-equity ratio of 54.08.

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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