San Lorenzo Gold (CVE:SLG) Shares Cross Above 200 Day Moving Average - Here's What Happened

Key Points

• Shares crossed above the 200‑day moving average: SLG traded as high as C$3.48 and last at C$3.33 on volume of 155,679, versus a 200‑day MA of C$1.86 and a 50‑day MA of C$3.19.
• Weak liquidity and unprofitable fundamentals: quick ratio 0.03, current ratio 0.75, debt‑to‑equity 54.08 and a negative P/E of -333, with a market cap of C$266.94M.
• Company focus: San Lorenzo Gold is a Calgary‑based explorer of copper and gold in Chile, holding 100% of the 8,796‑hectare Salvadora project.

San Lorenzo Gold Corp. (CVE:SLG - ) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.86 and traded as high as C$3.48. San Lorenzo Gold shares last traded at C$3.33, with a volume of 155,679 shares traded.

San Lorenzo Gold Trading Down 2.6%

The company has a quick ratio of 0.03, a current ratio of 0.75 and a debt-to-equity ratio of 54.08. The firm's 50-day simple moving average is C$3.19 and its 200 day simple moving average is C$1.86. The stock has a market capitalization of C$266.94 million, a P/E ratio of -333.00 and a beta of -0.46.

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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