Sonoro Gold Corp. (SMO.V) (CVE:SGO) Reaches New 12-Month Low – Here’s Why

Sonoro Gold Corp. (SMO.V) (CVE:SGO)’s stock price reached a new 52-week low on Tuesday. The stock traded as low as C$0.17 and last traded at C$0.17, with a volume of 77,098 shares trading hands. The stock had previously closed at C$0.17.

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 company has a 50 day moving average price of C$0.20 and a 200 day moving average price of C$0.22. The company has a market capitalization of C$71.27 million, a price-to-earnings ratio of -8.25 and a beta of 0.78.

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.