Sonoro Gold Corp. (SMO.V) (CVE:SGO) Hits New 52-Week Low – Time to Sell?

Sonoro Gold Corp. (SMO.V) (CVE:SGO)’s stock price reached a new 52-week low on Monday. The stock traded as low as C$0.18 and last traded at C$0.18, with a volume of 139601 shares trading hands. The stock had previously closed at C$0.19.

Sonoro Gold Corp. (SMO.V) Price Performance

The company has a 50-day moving average of C$0.21 and a 200-day moving average of C$0.22. The company has a debt-to-equity ratio of 702.99, a quick ratio of 0.02 and a current ratio of 0.03. The firm has a market capitalization of C$58.33 million, a price-to-earnings ratio of -9.25 and a beta of 0.61.

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.