San Lorenzo Gold (CVE:SLG) Shares Up 2.6% – What’s Next?

San Lorenzo Gold Corp. (CVE:SLG) rose 2.6% on Monday. The company traded as high as C$6.50 and last traded at C$6.30. 148,616 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 208,825 shares. The stock had previously closed at C$6.14.

San Lorenzo Gold Trading Up 2.6%

The firm has a fifty day simple moving average of C$6.27 and a two-hundred day simple moving average of C$4.63. The stock has a market cap of C$670.81 million, a PE ratio of -210.00 and a beta of -1.62. The company has a current ratio of 0.75, a quick ratio of 0.03 and a debt-to-equity ratio of 54.08.

Insider Buying and Selling at San Lorenzo Gold

In related news, insider John Aihoshi sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of C$6.25, for a total value of C$62,500.00. Following the sale, the insider directly owned 528,055 shares of the company’s stock, valued at C$3,300,343.75. This trade represents a 1.86% decrease in their ownership of the stock. Company insiders own 15.72% of the company’s stock.

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. The company is headquartered in Calgary, Canada.