San Lorenzo Gold (CVE:SLG) Trading 64% Higher – Still a Buy?

San Lorenzo Gold Corp. (CVE:SLG – Get Free Report) shares rose 64% during trading on Monday . The company traded as high as C$2.18 and last traded at C$2.05. Approximately 1,464,644 shares traded hands during trading, an increase of 393% from the average daily volume of 297,121 shares. The stock had previously closed at C$1.25.

San Lorenzo Gold Price Performance

The company has a debt-to-equity ratio of 54.08, a quick ratio of 0.03 and a current ratio of 0.75. The business has a 50 day moving average price of C$0.85 and a 200-day moving average price of C$0.64. The company has a market capitalization of C$169.14 million, a price-to-earnings ratio of -211.00 and a beta of -1.16.

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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