Sonoro Gold Corp. (SMO.V) (CVE:SGO) Shares Up 20% – Time to Buy?

Sonoro Gold Corp. (SMO.V) (CVE:SGO) traded up 20% during trading on Monday. The stock traded as high as C$0.18 and last traded at C$0.18. 185,750 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 188,065 shares. The stock had previously closed at C$0.15.

Sonoro Gold Corp. (SMO.V) Trading Up 20.0%

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 company has a market capitalization of C$77.75 million, a price-to-earnings ratio of -9.00 and a beta of 0.85. The business has a fifty day moving average price of C$0.18 and a 200 day moving average price of C$0.23.

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.