Sonoro Gold Corp. (SMO.V) (CVE:SGO) Given a C$0.83 Price Target at Fundamental Research

Sonoro Gold Corp. (SMO.V) (CVE:SGO) has been given a C$0.83 price objective by analysts at Fundamental Research in a report issued on Tuesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Fundamental Research’s target price suggests a potential upside of 245.83% from the stock’s current price.

Sonoro Gold Corp. (SMO.V) Price Performance

SGO traded up C$0.01 during trading hours on Tuesday, hitting C$0.24. The company’s stock had a trading volume of 126,705 shares, compared to its average volume of 314,659. The stock has a market cap of C$62.42 million, a price-to-earnings ratio of -8.00 and a beta of 0.52. The business’s 50-day moving average price is C$0.29 and its 200-day moving average price is C$0.24. The company has a current ratio of 0.03, a quick ratio of 0.02 and a debt-to-equity ratio of 702.99. Sonoro Gold Corp. has a 12 month low of C$0.10 and a 12 month high of C$0.34.

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.