Salazar Resources (CVE:SRL) Hits New 1-Year High – Should You Buy?

Salazar Resources Limited (CVE:SRLGet Free Report)’s stock price reached a new 52-week high on Monday . The company traded as high as C$0.18 and last traded at C$0.18, with a volume of 62125 shares changing hands. The stock had previously closed at C$0.17.

Salazar Resources Stock Performance

The company’s 50-day moving average price is C$0.16 and its two-hundred day moving average price is C$0.15. The company has a market capitalization of C$43.55 million, a price-to-earnings ratio of -8.75 and a beta of 1.10. The company has a debt-to-equity ratio of 0.52, a current ratio of 7.36 and a quick ratio of 0.91.

Salazar Resources Company Profile

(Get Free Report)

Salazar Resources Limited, a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Latin America. The company primarily explores for copper, zinc, lead, gold, and silver, as well as volcanogenic massive sulfide deposits. It holds a 100% interest in the Curipamba project that consists of seven concessions located in Ecuador.

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