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

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.

San Lorenzo Gold Corp. (CVE:SLG - ) 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

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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