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

San Lorenzo Gold logo with Basic Materials background
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Key Points

  • San Lorenzo Gold (CVE:SLG) stock crossed above its 200-day moving average, with the 200‑day MA at C$1.49 and the shares trading as high as C$3.40 (last C$3.31) on volume of 104,754.
  • The company shows weak liquidity and high leverage — current ratio 0.75, quick ratio 0.03, debt‑to‑equity 54.08 — and a negative P/E of -331, with a market cap of C$265.34 million.
  • San Lorenzo Gold is a Calgary‑based exploration company focused on copper and gold in Chile, holding 100% of the 8,796‑hectare Salvadora project.
  • Five stocks we like better than San Lorenzo Gold.

Shares of San Lorenzo Gold Corp. (CVE:SLG - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.49 and traded as high as C$3.40. San Lorenzo Gold shares last traded at C$3.31, with a volume of 104,754 shares changing hands.

San Lorenzo Gold Stock Up 0.6%

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 business's fifty day moving average price is C$2.85 and its 200 day moving average price is C$1.49. The company has a market capitalization of C$265.34 million, a P/E ratio of -331.00 and a beta of -0.96.

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. The company is headquartered in Calgary, Canada.

Further Reading

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