Salazar Resources (CVE:SRL) Trading Up 6.3% – What’s Next?

Salazar Resources Limited (CVE:SRLGet Free Report)’s stock price shot up 6.3% during mid-day trading on Friday . The company traded as high as C$0.09 and last traded at C$0.09. 203,000 shares were traded during trading, a decline of 0% from the average session volume of 203,096 shares. The stock had previously closed at C$0.08.

Salazar Resources Stock Performance

The company has a debt-to-equity ratio of 0.52, a current ratio of 7.36 and a quick ratio of 0.91. The stock has a market capitalization of C$17.91 million, a price-to-earnings ratio of -2.00 and a beta of 0.87. The business has a fifty day moving average of C$0.08 and a 200-day moving average of C$0.08.

About Salazar Resources

(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.

Further Reading

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