San Lorenzo Gold (CVE:SLG) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?
by Amy Steele · The Cerbat GemSan Lorenzo Gold Corp. (CVE:SLG – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of C$4.80 and traded as high as C$6.99. San Lorenzo Gold shares last traded at C$6.95, with a volume of 56,497 shares.
San Lorenzo Gold Trading Up 0.1%
The company has a debt-to-equity ratio of 54.08, a current ratio of 0.75 and a quick ratio of 0.03. The firm has a market capitalization of C$755.82 million, a PE ratio of -232.00 and a beta of -0.12. The company’s fifty day simple moving average is C$6.16 and its 200-day simple moving average is C$4.82.
Insider Buying and Selling
In other San Lorenzo Gold news, insider John Aihoshi sold 5,000 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of C$5.65, for a total transaction of C$28,250.00. Following the completion of the transaction, the insider owned 518,055 shares of the company’s stock, valued at C$2,927,010.75. This represents a 0.96% 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.