Free Trial

San Lorenzo Gold (CVE:SLG) Shares Up 12.9% - Should You Buy?

San Lorenzo Gold logo with Basic Materials background

Key Points

  • San Lorenzo Gold Corp. shares surged 12.9% during Thursday's trading, reaching a high of C$0.71 before closing at C$0.70.
  • The company has a market capitalization of C$56.92 million and operates with a notably high debt-to-equity ratio of 54.08.
  • San Lorenzo Gold primarily explores for copper and gold in Chile, with its flagship asset being the Salvadora project, which spans 8,796 hectares.
  • MarketBeat previews the top five stocks to own by November 1st.

San Lorenzo Gold Corp. (CVE:SLG - Get Free Report) shot up 12.9% during trading on Thursday . The company traded as high as C$0.71 and last traded at C$0.70. 282,786 shares changed hands during mid-day trading, a decline of 0% from the average session volume of 283,809 shares. The stock had previously closed at C$0.62.

San Lorenzo Gold Stock Performance

The stock has a market capitalization of C$56.92 million, a PE ratio of -71.00 and a beta of -1.85. The business has a 50 day moving average price of C$0.43 and a 200 day moving average price of C$0.31. The company has a debt-to-equity ratio of 54.08, a current ratio of 0.75 and a quick ratio of 0.03.

San Lorenzo Gold Company Profile

(Get Free Report)

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in San Lorenzo Gold Right Now?

Before you consider San Lorenzo Gold, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and San Lorenzo Gold wasn't on the list.

While San Lorenzo Gold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.