Sonoro Gold Financials

SGO Stock  CAD 0.10  0.01  5.26%   
We advise to exercise Sonoro Gold fundamental analysis to find out if markets are presently mispricing the firm. In other words this technique allows you to confirm available indicators of Sonoro Gold Corp as well as the relationship between them. We were able to interpolate twenty-four available drivers for Sonoro Gold Corp, which can be compared to its competition. The stock experiences a very speculative upward sentiment. Check odds of Sonoro Gold to be traded at C$0.125 in 90 days. Key indicators impacting Sonoro Gold's financial strength include:
Return On Equity
(11.29)
  
Understanding current and past Sonoro Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sonoro Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Sonoro Gold's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Sonoro Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sonoro Gold Corp. Check Sonoro Gold's Beneish M Score to see the likelihood of Sonoro Gold's management manipulating its earnings.

Sonoro Gold Stock Summary

Sonoro Gold competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Sonoro Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Mexico. The company was formerly known as Sonoro Metals Corp. and changed its name to Sonoro Gold Corp. in August 2020. SONORO GOLD operates under Other Precious Metals Mining classification in Exotistan and is traded on Commodity Exchange.
Foreign Associate
  USA
Specialization
Basic Materials, Other Precious Metals & Mining
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA83571A1021
Business Address2489 Bellevue Avenue,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitesonorogold.com
Phone604 632 1764
CurrencyCAD - Canadian Dollar
You should never invest in Sonoro Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Sonoro Stock, because this is throwing your money away. Analyzing the key information contained in Sonoro Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Sonoro Gold Key Financial Ratios

There are many critical financial ratios that Sonoro Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Sonoro Gold Corp reports annually and quarterly.

Sonoro Gold Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.8M5.7M6.6M4.8M5.1M4.5M
Other Current Liab725.3K22.7K22.0K47.7K42.9K40.7K
Net Tangible Assets885.4K1.1M5.4M6.0M6.9M7.3M
Retained Earnings(7.2M)(12.8M)(18.7M)(25.6M)(29.4M)(28.0M)
Accounts Payable1.2M103.4K247.8K1.3M914.8K585.6K
Cash1.1M2.3M1.8M87.5K877.0833.15
Total Liab1.7M227.9K530.1K2.6M5.3M5.6M
Total Current Assets1.1M2.4M1.9M567.9K159.4K151.5K
Common Stock6.1M8.1M16.8M22.8M26.3M27.6M
Net Invested Capital1.4M5.5M6.2M3.3M3.2M3.6M
Net Working Capital(577.4K)2.2M1.4M(2.0M)(5.2M)(4.9M)
Capital Stock8.1M16.8M22.8M26.3M28.5M19.9M

Sonoro Gold Key Income Statement Accounts

201920202021202220232024 (projected)
Net Interest Income(3.1K)(88.8K)(40.2K)(138.9K)(424.3K)(403.1K)
Interest Income847.0142.02.9K2.9K1.5K1.4K
Interest Expense3.9K89.0K43.1K141.9K425.8K447.1K
Operating Income(3.3M)(5.5M)(5.8M)(6.9M)(3.3M)(3.5M)
Ebit(3.3M)(5.4M)(5.7M)(6.8M)(6.1M)(5.8M)
Income Before Tax(2.5M)(5.7M)(5.9M)(6.9M)(3.8M)(4.0M)
Net Income(1.8M)(5.6M)(5.9M)(6.9M)(3.8M)(4.0M)

Sonoro Gold Key Cash Accounts

201920202021202220232024 (projected)
Investments(560.1K)(905.6K)(806.8K)(1.1M)(666.0K)(632.7K)
Change In Cash342.0K1.2M(549.3K)(1.7M)(86.7K)(82.3K)
Capital Expenditures560.1K905.6K806.8K1.1M666.0K659.3K
Net Income(1.8M)(5.6M)(5.9M)(6.9M)(3.8M)(4.0M)
End Period Cash Flow1.1M2.3M1.8M87.5K877.0833.15
Change To Netincome127.3K(637.8K)1.3M409.7K471.1K494.7K
Free Cash Flow(1.8M)(7.3M)(6.7M)(5.5M)(3.7M)(3.9M)

Sonoro Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sonoro Gold's current stock value. Our valuation model uses many indicators to compare Sonoro Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sonoro Gold competition to find correlations between indicators driving Sonoro Gold's intrinsic value. More Info.
Sonoro Gold Corp is rated below average in return on equity category among its peers. It is rated fourth in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sonoro Gold's earnings, one of the primary drivers of an investment's value.

Sonoro Gold Corp Systematic Risk

Sonoro Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sonoro Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Sonoro Gold Corp correlated with the market. If Beta is less than 0 Sonoro Gold generally moves in the opposite direction as compared to the market. If Sonoro Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sonoro Gold Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sonoro Gold is generally in the same direction as the market. If Beta > 1 Sonoro Gold moves generally in the same direction as, but more than the movement of the benchmark.

Sonoro Gold Corp Total Assets Over Time

Sonoro Gold November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Sonoro Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sonoro Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sonoro Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing Sonoro Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sonoro Gold's daily price indicators and compare them against related drivers.

Additional Tools for Sonoro Stock Analysis

When running Sonoro Gold's price analysis, check to measure Sonoro Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sonoro Gold is operating at the current time. Most of Sonoro Gold's value examination focuses on studying past and present price action to predict the probability of Sonoro Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonoro Gold's price. Additionally, you may evaluate how the addition of Sonoro Gold to your portfolios can decrease your overall portfolio volatility.