Sonoro Gold Corp. (SMO.V) (CVE:SGO) Stock Price Up 2.2% – Time to Buy?

Sonoro Gold Corp. (SMO.V) (CVE:SGO)’s share price shot up 2.2% during mid-day trading on Thursday . The company traded as high as C$0.23 and last traded at C$0.23. 241,135 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 256,576 shares. The stock had previously closed at C$0.23.

Sonoro Gold Corp. (SMO.V) Stock 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 stock has a market capitalization of C$63.72 million, a price-to-earnings ratio of -8.17 and a beta of 0.40. The firm’s fifty day moving average price is C$0.21 and its 200 day moving average price is C$0.25.

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.