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

Sonoro Gold Corp. (SMO.V) (CVE:SMO) shares rose 3.6% during mid-day trading on Friday . The stock traded as high as C$0.29 and last traded at C$0.29. Approximately 25,000 shares changed 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) Price Performance

The stock has a market capitalization of C$23.34 million and a P/E 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 business has a fifty 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.