Sonoro Gold Corp. (SMO.V) (CVE:SGO) Shares Up 2.3% – What’s Next?

Sonoro Gold Corp. (SMO.V) (CVE:SGO)’s share price rose 2.3% on Wednesday . The company traded as high as C$0.23 and last traded at C$0.23. Approximately 47,118 shares were traded during trading, a decline of 78% from the average session volume of 212,515 shares. The stock had previously closed at C$0.22.

Sonoro Gold Corp. (SMO.V) Price Performance

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 company has a market cap of C$70.94 million, a P/E ratio of -22.50 and a beta of 0.59. The business’s fifty day moving average is C$0.21 and its 200 day moving average is C$0.24.

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.