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

Key Points

• San Lorenzo Gold Corp. shares surpass the 200-day moving average, trading at C$0.73 with a peak of C$0.76 during the day.
• The company has a market capitalization of C$58.52 million and a high debt-to-equity ratio of 54.08.
• San Lorenzo Gold primarily explores for copper and gold in Chile, holding a key interest in the Salvadora project.

San Lorenzo Gold Corp. (CVE:SLG - ) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.35 and traded as high as C$0.76. San Lorenzo Gold shares last traded at C$0.73, with a volume of 50,504 shares trading hands.

San Lorenzo Gold Stock Up 4.3%

The company has a quick ratio of 0.03, a current ratio of 0.75 and a debt-to-equity ratio of 54.08. The company has a market capitalization of C$58.52 million, a P/E ratio of -73.00 and a beta of -1.56. The firm has a 50-day moving average price of C$0.56 and a two-hundred day moving average price of C$0.35.

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.

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