Sonoro Gold Corp. (SMO.V) (CVE:SGO) Given a C$0.70 Price Target at Fundamental Research

Fundamental Research set a C$0.70 price objective on Sonoro Gold Corp. (SMO.V) (CVE:SGO) in a research note published on Tuesday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Sonoro Gold Corp. (SMO.V) Stock Down 1.9%

Shares of CVE SGO opened at C$0.26 on Tuesday. The company has a quick ratio of 0.02, a current ratio of 0.03 and a debt-to-equity ratio of 702.99. Sonoro Gold Corp. has a 52-week low of C$0.07 and a 52-week high of C$0.27. The business has a 50-day moving average price of C$0.21 and a 200 day moving average price of C$0.25. The stock has a market cap of C$66.33 million, a PE ratio of -8.50 and a beta of 0.40.

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. It also has an option to earn a 60% interest in the Hilltop Gold project consisting of 12,836 hectares located in southeast of Fairbanks, Alaska; and a 100% interest in the Calera Group of Concessions that covers an area of approximately 1,500 hectares located in the municipality of Cucurpe, Mexico.