Sonoro Gold Corp. (SMO.V) (CVE:SMO) Shares Up 3.6% – Here’s Why

Sonoro Gold Corp. (SMO.V) (CVE:SMO) shares 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 were traded 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) Price Performance

The company has a quick ratio of 0.02, a current ratio of 0.03 and a debt-to-equity ratio of 702.99. The stock has a market capitalization of C$23.34 million and a price-to-earnings ratio of -8.29. The business’s 50 day simple moving average is C$0.29 and its 200-day simple moving average is 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.