San Lorenzo Gold (CVE:SLG) Trading Up 4.8% - What's Next?

Key Points

• San Lorenzo Gold Corp. saw its stock price increase by 4.8% on Thursday, closing at C$0.65 after trading as high as C$0.66.
• The company has a market cap of C$55.31 million and a debt-to-equity ratio of 54.08, indicating significant leverage.
• San Lorenzo Gold primarily explores for copper and gold in Chile, with its flagship asset being the Salvadora project covering 8,796 hectares.

San Lorenzo Gold Corp. (CVE:SLG - )'s stock price rose 4.8% on Thursday . The stock traded as high as C$0.66 and last traded at C$0.65. Approximately 69,120 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 282,811 shares. The stock had previously closed at C$0.62.

San Lorenzo Gold Stock Up 11.3%

The company's 50 day moving average price is C$0.43 and its two-hundred day moving average price is C$0.31. 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 stock has a market cap of C$55.31 million, a P/E ratio of -69.00 and a beta of -1.85.

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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