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

Sonoro Gold Corp. (SMO.V) (CVE:SMO)’s share price was up 3.6% during mid-day trading on Friday . The company traded as high as C$0.29 and last traded at C$0.29. Approximately 25,000 shares traded hands during mid-day 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) Stock Performance

The stock has a market cap of C$23.34 million and a price-to-earnings ratio of -8.29. 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 company has a 50 day simple moving average of C$0.29 and a 200 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.