Sonoro Gold Corp. (SMO.V) (CVE:SGO) Shares Down 2.3% – Here’s Why

Sonoro Gold Corp. (SMO.V) (CVE:SGO)’s share price traded down 2.3% during mid-day trading on Monday . The company traded as low as C$0.21 and last traded at C$0.21. 104,881 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 258,335 shares. The stock had previously closed at C$0.22.

Sonoro Gold Corp. (SMO.V) Stock Down 2.3%

The company has a debt-to-equity ratio of 702.99, a current ratio of 0.03 and a quick ratio of 0.02. The stock’s fifty day simple moving average is C$0.21 and its 200-day simple moving average is C$0.25. The stock has a market cap of C$54.62 million, a P/E ratio of -7.00 and a beta of 0.40.

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.