San Lorenzo Gold (CVE:SLG) Shares Up 68.8% – Time to Buy?

San Lorenzo Gold Corp. (CVE:SLGGet Free Report)’s share price shot up 68.8% during trading on Monday . The stock traded as high as C$2.18 and last traded at C$2.11. 1,527,413 shares were traded during trading, an increase of 408% from the average session volume of 300,957 shares. The stock had previously closed at C$1.25.

San Lorenzo Gold Stock Performance

The stock has a market cap of C$169.14 million, a P/E ratio of -211.00 and a beta of -1.16. The stock’s 50 day simple moving average is C$0.88 and its two-hundred day simple moving average is C$0.65. The company has a debt-to-equity ratio of 54.08, a current ratio of 0.75 and a quick ratio of 0.03.

About San Lorenzo Gold

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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.

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