Sonoro Gold Corp. (SMO.V) (CVE:SGO) Shares Up 1.5% – Should You Buy?

Sonoro Gold Corp. (SMO.V) (CVE:SGO) was up 1.5% during trading on Wednesday . The stock traded as high as C$0.20 and last traded at C$0.20. Approximately 210,150 shares were traded during mid-day trading, an increase of 1% from the average daily volume of 208,417 shares. The stock had previously closed at C$0.20.

Sonoro Gold Corp. (SMO.V) Stock Up 1.5%

The company has a market capitalization of C$64.01 million, a P/E ratio of -20.30 and a beta of 0.59. The company has a current ratio of 0.03, a quick ratio of 0.02 and a debt-to-equity ratio of 702.99. The stock’s fifty day moving average is C$0.21 and its 200 day moving average is C$0.23.

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.