Sonoro Gold Corp. (SMO.V) (CVE:SGO) Trading 2.5% Higher – Time to Buy?

Sonoro Gold Corp. (SMO.V) (CVE:SGO)’s stock price rose 2.5% on Wednesday . The company traded as high as C$0.20 and last traded at C$0.20. 314,790 shares changed hands during trading, an increase of 40% from the average daily volume of 224,399 shares. The stock had previously closed at C$0.20.

Sonoro Gold Corp. (SMO.V) Stock Down 2.4%

The company has a debt-to-equity ratio of 702.99, a current ratio of 0.03 and a quick ratio of 0.02. The stock’s fifty day simple moving average is C$0.23 and its 200-day simple moving average is C$0.25. The stock has a market cap of C$63.06 million, a P/E ratio of -20.00 and a beta of 0.59.

Sonoro Gold Corp. (SMO.V) Company Profile

Sonoro Metals Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Mexico and the United States. It primarily explores for gold and silver. The company holds interest in the San Marcial project covering an area of approximately 1,000 hectares located in Sonora, Mexico. It also has an option to earn a 60% interest in the Hilltop Gold project consisting of 12,836 hectares located in southeast of Fairbanks, Alaska; and a 100% interest in the Calera Group of Concessions that covers an area of approximately 1,500 hectares located in the municipality of Cucurpe, Mexico.