Sonoro Gold Corp. (SMO.V) (CVE:SGO) Sets New 52-Week Low – Here’s Why

Sonoro Gold Corp. (SMO.V) (CVE:SGO – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday. The company traded as low as C$0.17 and last traded at C$0.17, with a volume of 77,098 shares traded. The stock had previously closed at C$0.17.

Sonoro Gold Corp. (SMO.V) Price Performance

The company has a quick ratio of 0.02, a current ratio of 0.03 and a debt-to-equity ratio of 702.99. The stock has a market cap of C$73.43 million, a P/E ratio of -8.50 and a beta of 0.78. The company’s 50 day moving average price is C$0.20 and its two-hundred day moving average price is C$0.22.

About Sonoro Gold Corp. (SMO.V)

(Get Free Report)

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.

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