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

Sonoro Gold Corp. (SMO.V) (CVE:SMO) shares shot up 3.6% on Friday . The stock traded as high as C$0.29 and last traded at C$0.29. 25,000 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 71,465 shares. The stock had previously closed at C$0.28.

Sonoro Gold Corp. (SMO.V) Stock Up 3.6 %

The company has a current ratio of 0.03, a quick ratio of 0.02 and a debt-to-equity ratio of 702.99. The firm has a market capitalization of C$23.34 million and a PE ratio of -8.29. The firm has a 50-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.