Sonoro Gold Corp. (SMO.V) (CVE:SGO) Reaches New 52-Week High – Time to Buy?

Sonoro Gold Corp. (SMO.V) (CVE:SGO)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.26 and last traded at C$0.26, with a volume of 229683 shares. The stock had previously closed at C$0.25.

Sonoro Gold Corp. (SMO.V) Stock Performance

The company’s fifty day moving average is C$0.21 and its two-hundred day moving average is C$0.25. 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 company has a market cap of C$65.03 million, a price-to-earnings ratio of -8.33 and a beta of 0.40.

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. 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.