Salazar Resources (CVE:SRL) Sets New 1-Year High – Here’s Why

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$0.13 and last traded at C$0.12, with a volume of 484000 shares changing hands. The stock had previously closed at C$0.11.

Salazar Resources Price 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 firm has a market cap of C$25.74 million, a P/E ratio of -2.88 and a beta of 0.84. The company’s 50-day moving average is C$0.09 and its two-hundred day moving average is C$0.08.

About Salazar Resources

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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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