Salazar Resources (CVE:SRL) Trading Up 37.5%

Salazar Resources Limited (CVE:SRL) shot up 37.5% on Friday . The stock traded as high as C$0.12 and last traded at C$0.11. 1,211,448 shares were traded during trading, an increase of 407% from the average session volume of 239,061 shares. The stock had previously closed at C$0.08.

Salazar Resources Stock Up 25.0 %

The firm has a market cap of C$18.41 million, a PE ratio of -3.33 and a beta of 1.04. The company has a current ratio of 4.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.52. The firm has a 50 day moving average price of C$0.07 and a 200-day moving average price of C$0.06.

Salazar Resources Company Profile

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.