Sonoro Gold Corp. (SMO.V) (CVE:SMO) Stock Price Up 3.6% – Still a Buy?

Sonoro Gold Corp. (SMO.V) (CVE:SMO)’s stock price was up 3.6% on Friday . The stock traded as high as C$0.29 and last traded at C$0.29. Approximately 25,000 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 71,465 shares. The stock had previously closed at C$0.28.

Sonoro Gold Corp. (SMO.V) Stock Performance

The business’s fifty day moving average is C$0.29 and its 200-day moving average is C$0.29. 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 company has a market cap of C$23.34 million and a PE ratio of -8.29.

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.