Sonoro Gold Corp. (SMO.V) (CVE:SMO) Trading 3.6% Higher – Time to Buy?

Shares of Sonoro Gold Corp. (SMO.V) (CVE:SMO) were 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 traded hands during 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) Trading Up 3.6 %

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 business has a fifty day moving average of C$0.29 and a 200-day moving average of C$0.29. The stock has a market capitalization of C$23.34 million and a price-to-earnings 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.