San Lorenzo Gold (CVE:SLG) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Shares of San Lorenzo Gold Corp. (CVE:SLGGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.07 and traded as high as C$0.08. San Lorenzo Gold shares last traded at C$0.08, with a volume of 8,000 shares changing hands.

San Lorenzo Gold Trading Down 5.9 %

The company has a market capitalization of C$5.74 million, a price-to-earnings ratio of -8.00 and a beta of 0.43. The firm has a 50-day moving average price of C$0.08 and a 200-day moving average price of C$0.07. The company has a current ratio of 0.75, a quick ratio of 0.03 and a debt-to-equity ratio of 54.08.

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.

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