Sonoro Gold Corp. (SMO.V) (CVE:SGO) Stock Price Up 5% - Here's What Happened

Key Points

• Sonoro Gold Corp. (SMO.V) experienced a 5% increase in stock price on Thursday, closing at C$0.21 after trading as high as C$0.22.
• The company's current financial metrics show a high debt-to-equity ratio of 702.99 and a market capitalization of C$50.22 million.
• Sonoro Gold Corp. focuses on the acquisition and exploration of mineral properties, primarily for gold and silver, with significant interests in Mexico and the United States.

Sonoro Gold Corp. (SMO.V) (CVE:SGO - )'s share price rose 5% during trading on Thursday . The stock traded as high as C$0.22 and last traded at C$0.21. Approximately 193,596 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 248,083 shares. The stock had previously closed at C$0.20.

Sonoro Gold Corp. (SMO.V) Stock Up 5.0%

The firm has a 50-day moving average price of C$0.27 and a 200 day moving average price of C$0.28. The company has a debt-to-equity ratio of 702.99, a current ratio of 0.03 and a quick ratio of 0.02. The company has a market cap of C$50.22 million, a price-to-earnings ratio of -21.00 and a beta of 0.05.

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.

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