Fundamental Research Analysts Give Sonoro Gold Corp. (SMO.V) (CVE:SGO) a C$0.83 Price Target

Fundamental Research set a C$0.83 price target on Sonoro Gold Corp. (SMO.V) (CVE:SGO) in a research report report published on Tuesday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Sonoro Gold Corp. (SMO.V) Stock Down 8.7%

Shares of CVE SGO opened at C$0.21 on Tuesday. The stock has a market capitalization of C$54.62 million, a P/E ratio of -7.00 and a beta of 0.52. The company has a debt-to-equity ratio of 702.99, a quick ratio of 0.02 and a current ratio of 0.03. Sonoro Gold Corp. has a 52 week low of C$0.10 and a 52 week high of C$0.34. The stock’s fifty day moving average is C$0.28 and its 200 day moving average is C$0.24.

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.