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

Key Points

• San Lorenzo Gold Corp.'s stock price has exceeded its 200-day moving average, trading at C$0.75, up from a 200-day average of C$0.31.
• The company, which focuses on mineral properties in Chile, has a market capitalization of C$60.12 million and a concerning PE ratio of -75.00.
• San Lorenzo Gold's flagship property is the Salvadora project, which covers 8,796 hectares located in the Province of Chañaral, III Region, Chile.

San Lorenzo Gold Corp. (CVE:SLG - )'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.31 and traded as high as C$0.75. San Lorenzo Gold shares last traded at C$0.75, with a volume of 426,557 shares traded.

San Lorenzo Gold Price Performance

The stock has a market cap of C$60.12 million, a PE ratio of -75.00 and a beta of -1.85. The firm has a 50-day moving average of C$0.44 and a 200-day moving average 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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