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

Sonoro Gold Corp. (SMO.V) (CVE:SMO) shares shot up 3.6% during trading on Friday . The company traded as high as C$0.29 and last traded at C$0.29. 25,000 shares changed hands during trading, a decline of 65% from the average session volume of 71,465 shares. The stock had previously closed at C$0.28.

Sonoro Gold Corp. (SMO.V) Trading Up 3.6 %

The firm has a market cap of C$23.34 million and a PE ratio of -8.29. The company has a debt-to-equity ratio of 702.99, a quick ratio of 0.02 and a current ratio of 0.03. The company has a 50 day simple moving average of C$0.29 and a two-hundred day simple moving average of C$0.29.

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.