Salazar Resources (CVE:SRL) Trading 14.3% Higher – Still a Buy?

Salazar Resources Limited (CVE:SRLGet Free Report)’s stock price shot up 14.3% during trading on Monday . The company traded as high as C$0.08 and last traded at C$0.08. 927,253 shares were traded during trading, an increase of 114% from the average session volume of 432,641 shares. The stock had previously closed at C$0.07.

Salazar Resources Stock Performance

The firm has a market capitalization of C$20.15 million, a price-to-earnings ratio of -2.25 and a beta of 0.84. The firm’s 50-day moving average price is C$0.08 and its two-hundred day moving average price is C$0.08. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.91 and a current ratio of 7.36.

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.

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