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

Sonoro Gold Corp. (SMO.V) (CVE:SMO) shares were up 3.6% on Friday . The company traded as high as C$0.29 and last traded at C$0.29. Approximately 25,000 shares were traded 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) Trading Up 3.6 %

The firm has a market cap of C$23.34 million and a price-to-earnings 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 moving average of C$0.29 and a two-hundred day moving average of C$0.29.

Sonoro Gold Corp. (SMO.V) Company Profile

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.