San Lorenzo Gold (CVE:SLG) Stock Jumps 14.1% – Here’s What Happened

San Lorenzo Gold Corp. (CVE:SLG – Get Free Report)’s stock price traded up 14.1% during trading on Monday. The stock traded as high as C$6.43 and last traded at C$6.40. Approximately 183,022 shares traded hands during trading, a decline of 15% from the average daily volume of 214,699 shares. The stock had previously closed at C$5.61.

San Lorenzo Gold Stock Up 14.1%

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 firm has a market capitalization of C$695.01 million, a PE ratio of -213.33 and a beta of -0.50. The company’s 50 day simple moving average is C$6.35 and its 200-day simple moving average is C$5.08.

Insider Transactions at San Lorenzo Gold

In related news, insider John Aihoshi sold 5,000 shares of the business’s stock in a transaction dated 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 directly owned 518,055 shares in the company, valued at C$2,927,010.75. The trade was a 0.96% decrease in their ownership of the stock. Corporate insiders own 15.72% of the company’s stock.

San Lorenzo Gold Company Profile

(Get Free Report)

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.

Further Reading

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