Sonoro Gold Corp. (SMO.V) (CVE:SGO) Hits New 52-Week Low – Time to Sell?

Sonoro Gold Corp. (SMO.V) (CVE:SGO)’s share price reached a new 52-week low during mid-day trading on Friday. The stock traded as low as C$0.15 and last traded at C$0.15, with a volume of 169,340 shares. The stock had previously closed at C$0.17.

Sonoro Gold Corp. (SMO.V) Stock Performance

The company has a current ratio of 0.03, a quick ratio of 0.02 and a debt-to-equity ratio of 702.99. The business’s 50 day moving average is C$0.19 and its 200 day moving average is C$0.23. The stock has a market capitalization of C$66.95 million, a PE ratio of -7.75 and a beta of 0.78.

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.