San Lorenzo Gold (CVE:SLG) Shares Climb 2.6% – Here’s What Happened

San Lorenzo Gold Corp. (CVE:SLG)’s share price was up 2.6% on Monday. The stock traded as high as C$6.50 and last traded at C$6.30. 148,616 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 208,825 shares. The stock had previously closed at C$6.14.

San Lorenzo Gold Trading Down 5.1%

The stock has a market cap of C$630.35 million, a PE ratio of -197.33 and a beta of -1.62. 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 company’s 50-day moving average price is C$6.27 and its 200 day moving average price is C$4.65.

Insider Activity at San Lorenzo Gold

In other news, insider John Aihoshi sold 10,000 shares of the company’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of C$6.25, for a total value of C$62,500.00. Following the transaction, the insider owned 528,055 shares of the company’s stock, valued at C$3,300,343.75. This represents a 1.86% decrease in their position. 15.72% of the stock is currently owned by company insiders.

About San Lorenzo Gold

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.