Sonoro Gold Corp. (SMO.V) (CVE:SMO) Shares Up 3.6% – What’s Next?

Sonoro Gold Corp. (SMO.V) (CVE:SMO) shot up 3.6% on Friday . The stock traded as high as C$0.29 and last traded at C$0.29. 25,000 shares traded 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) Price Performance

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

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.