Sonoro Gold Corp. (SMO.V) (CVE:SGO) Sets New 12-Month Low – Time to Sell?

Sonoro Gold Corp. (SMO.V) (CVE:SGO) hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as C$0.17 and last traded at C$0.17, with a volume of 77,098 shares traded. The stock had previously closed at C$0.17.

Sonoro Gold Corp. (SMO.V) Price Performance

The firm has a market cap of C$73.43 million, a PE ratio of -8.50 and a beta of 0.78. The company has a 50-day simple moving average of C$0.20 and a 200-day simple moving average of C$0.22. The company has a debt-to-equity ratio of 702.99, a current ratio of 0.03 and a quick ratio of 0.02.

About Sonoro Gold Corp. (SMO.V)

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.