Sonoro Gold Corp. (SMO.V) (CVE:SGO) Trading 2.5% Higher – What’s Next?

Sonoro Gold Corp. (SMO.V) (CVE:SGO)’s stock price was up 2.5% during mid-day trading 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 Performance

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 stock has a 50 day moving average of C$0.23 and a 200 day moving average of C$0.25. The stock has a market capitalization of C$64.64 million, a P/E ratio of -20.50 and a beta of 0.59.

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.