San Lorenzo Gold (CVE:SLG) Reaches New 1-Year High - Here's What Happened

Key Points

• San Lorenzo Gold Corp. reached a new 52-week high of C$0.86 during trading, with 275,373 shares exchanged; this represents a significant rise from the previous closing price of C$0.76.
• The company has a market capitalization of C$68.94 million and a high debt-to-equity ratio of 54.08, indicating potential financial risk.
• San Lorenzo primarily explores for copper and gold in Chile, with its flagship property being the 100% owned Salvadora project covering 8,796 hectares.

San Lorenzo Gold Corp. (CVE:SLG - ) hit a new 52-week high during trading on Thursday . The stock traded as high as C$0.86 and last traded at C$0.86, with a volume of 275373 shares changing hands. The stock had previously closed at C$0.76.

San Lorenzo Gold Stock Performance

The company has a current ratio of 0.75, a quick ratio of 0.03 and a debt-to-equity ratio of 54.08. The firm has a market cap of C$68.94 million, a price-to-earnings ratio of -86.00 and a beta of -1.56. The stock has a fifty day moving average price of C$0.58 and a 200 day moving average price of C$0.35.

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.

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