Insider Buying: Sonoro Gold Corp. (SMO.V) (CVE:SMO) Director Purchases 10,000 Shares of Stock

Sonoro Gold Corp. (SMO.V) (CVE:SMO – Get Rating) Director John Michael Darch acquired 10,000 shares of the firm’s stock in a transaction on Tuesday, April 12th. The stock was purchased at an average price of C$17.50 per share, with a total value of C$175,000.00. Following the purchase, the director now owns 846,000 shares in the company, valued at approximately C$14,805,000.

CVE:SMO opened at C$0.29 on Friday. 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 firm has a market cap of C$23.34 million and a price-to-earnings ratio of -8.29. Sonoro Gold Corp. has a 52 week low of C$0.07 and a 52 week high of C$0.34. The firm has a 50-day moving average price of C$0.29 and a two-hundred day moving average price of C$0.29.

About Sonoro Gold Corp. (SMO.V) (Get Rating)

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.

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