Sonoro Gold Corp. (SMO.V) (CVE:SGO) PT Set at C$0.83 by Fundamental Research

Sonoro Gold Corp. (SMO.V) (CVE:SGO) has been given a C$0.83 price objective by equities research analysts at Fundamental Research in a note issued to investors on Tuesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Fundamental Research’s price objective points to a potential upside of 260.87% from the stock’s current price.

Sonoro Gold Corp. (SMO.V) Trading Down 4.2%

Shares of CVE SGO opened at C$0.23 on Tuesday. Sonoro Gold Corp. has a 1-year low of C$0.10 and a 1-year high of C$0.34. The company has a 50-day moving average of C$0.28 and a two-hundred day moving average of C$0.24. The company has a market cap of C$59.82 million, a PE ratio of -7.67 and a beta of 0.52. The company has a current ratio of 0.03, a quick ratio of 0.02 and a debt-to-equity ratio of 702.99.

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.