Sonoro Gold Corp. (SMO.V) (CVE:SGO) Hits New 12-Month Low – Time to Sell?

Sonoro Gold Corp. (SMO.V) (CVE:SGO) shares hit a new 52-week low on Monday. The stock traded as low as C$0.17 and last traded at C$0.17, with a volume of 86777 shares. The stock had previously closed at C$0.17.

Sonoro Gold Corp. (SMO.V) Price Performance

The stock has a market cap of C$56.75 million, a P/E ratio of -9.00 and a beta of 0.61. The company has a quick ratio of 0.02, a current ratio of 0.03 and a debt-to-equity ratio of 702.99. The business’s 50-day simple moving average is C$0.20 and its two-hundred day simple moving average is C$0.22.

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.