San Lorenzo Gold (CVE:SLG) Stock Passes Above 200-Day Moving Average - Should You Sell?

Key Points

• San Lorenzo Gold Corp. has recently surpassed its 200-day moving average, trading as high as C$0.76 and last at C$0.69.
• The company has a current market capitalization of C$55.31 million and a PE ratio of -69.00, indicating financial challenges.
• San Lorenzo Gold is focused on developing mineral properties in Chile, particularly exploring for copper and gold at its flagship Salvadora project.

San Lorenzo Gold Corp. (CVE:SLG - ) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.33 and traded as high as C$0.76. San Lorenzo Gold shares last traded at C$0.69, with a volume of 165,073 shares traded.

San Lorenzo Gold Price Performance

The stock has a market cap of C$55.31 million, a PE ratio of -69.00 and a beta of -1.56. The company has a debt-to-equity ratio of 54.08, a current ratio of 0.75 and a quick ratio of 0.03. The business has a fifty day moving average of C$0.51 and a 200 day moving average of C$0.33.

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.

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.