Sonoro Gold Corp. (SMO.V) (CVE:SGO) Hits New 1-Year High – Still a Buy?

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

Sonoro Gold Corp. (SMO.V) Stock Performance

The stock has a market cap of C$65.03 million, a price-to-earnings ratio of -8.33 and a beta of 0.40. The business’s 50 day moving average is C$0.21 and its 200 day moving average is C$0.25. The company has a debt-to-equity ratio of 702.99, a current ratio of 0.03 and a quick ratio of 0.02.

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.