Sonoro Gold Corp. (SMO.V) (CVE:SGO) Shares Up 2.4% – Should You Buy?

Shares of Sonoro Gold Corp. (SMO.V) (CVE:SGO) shot up 2.4% during trading on Friday . The company traded as high as C$0.21 and last traded at C$0.21. 64,500 shares traded hands during trading, a decline of 76% from the average session volume of 266,538 shares. The stock had previously closed at C$0.21.

Sonoro Gold Corp. (SMO.V) Stock Up 2.4%

The firm has a market cap of C$50.22 million, a PE ratio of -21.00 and a beta of 0.09. The business’s 50 day moving average price is C$0.22 and its 200 day moving average price is C$0.26. The company has a debt-to-equity ratio of 702.99, a current ratio of 0.03 and a quick ratio of 0.02.

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.