Sonoro Gold Corp (SMOFF)

$0.13 -0.01 (-6.73%)
Market Cap N/A
Revenue (ttm) 0.00
Net Income (ttm) 0.00
EPS (ttm) N/A
PE Ratio N/A
Forward PE N/A
Profit Margin 0.00%
Debt to Equity Ratio N/A
Volume 175,100
Avg Vol 134,790
Day's Range N/A - N/A
Shares Out N/A
Stochastic %K 20%
Beta N/A
Analysts Strong Buy
Price Target N/A

Company Profile

Sonoro Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Mexico. The company primarily explores for gold and silver deposits. Its flagship project is the Cerro Caliche property comprising 15 contiguous mining concessions covering an area of approximately 1,350.10 hectares located in the Cucurpe Municipality of Sonora State in northwestern Mexico. The company was formerly known as Sonoro Metals Corp. and changed its name to Sonoro Gold Corp. in August 20...

Industry: Other Precious Metals & Mining
Sector: Basic Materials
Phone: 604 632 1764
Address:
2489 Bellevue Avenue, Suite 300, West Vancouver, Canada
GuruChartist
GuruChartist Jun. 25 at 3:30 AM
$LUCMF Until gold show sustained momentum to the upside, all gold mining stocks will be "on sale". Permitting news will move the stock up despite the gold price, but without a catalyst like permitting or a PEA, waiting for the bottom continues. Looking at $SMOFF, $BORMF $BTG $NRRSF
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ExperiencePays
ExperiencePays Jun. 22 at 2:13 PM
$GGAZF $GGAZF still has not disclosed, even after this supplemental disclosure for this merger with $GORO, that Gold Group Mining will lose its surface rights to Sonoro Gold $SMOFF for their Prieto mine in September 2028. Looking at the supplemental disclosure, there is no mention of this mention to this fact. Maybe with the Sanfisco mine that GGAZF recently bought, they do not need the Prieto mine's gold production, but they announced making surface infrastructure capital expenditures to increase gold production there. So they lose that gold production in 2028, unless they buy the surface rights ...or just abandon Prieto. Either way, as a Gold Resource shareholder, it looks like there is a deliberate effort to mislead GORO shareholders into approving the merger to bail out GGAZF before they are forcced to do another capital raise. JMHO
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ExperiencePays
ExperiencePays Jun. 8 at 3:12 AM
$SMOFF One junior gold developer worth watching is Sonoro Gold ($SMOFF / $SGO.V), which is awaiting final Mexican government permitting for its Cerro Caliche gold project in Sonora, is one junior gold developer worth watching. The permitting decision remains one of the company's most important near-term catalysts. The disconnect between valuation and project economics is what makes SMOFF attractive at the current price of $0.16. Sonoro's updated 2026 PEA outlined an after-tax Net Present Value of approximately US$224 million and a 50% Internal Rate of Return (IRR) using a very conservative US$3,500 gold price assumption, with initial capex estimated at about US$83 million. The PEA anticipates a 10-year open-pit heap leach operation producing roughly 459,000 gold-equivalent ounces over the mine life. There is no way that the recent drilling program announced could be included should additional mineralization be discovered. T
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GuruChartist
GuruChartist Jun. 7 at 4:10 PM
$GGAZF $GORO $SMOFF Potential valuation of GoldGroup Mining's Prieto Mine surface rights Using currently disclosed gold production figures in GGAZF's financial reports and typical mining transaction metrics, a potential range of $10-$30 million, with a low of a cooperative lease/royalty solution and a high of a strategic-control situation where continued mine operations depend on reaching an agreement between Sonoro Gold and Gold Group Mining. The surface rigth issue can be a legal problem if GGAZF does not disclose this issue before the merger. If they do not, the bargaining value of Sonoro's position could be much higher than a conventional surface-rights appraisal. Considering SMOFF's market cap around $55-$60 million, the eventual agreement with GGAZF could be a huge positive for Sonoro and a negative surprise to GGAZF and GORO shareholders.
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stocks_2watch
stocks_2watch Jun. 2 at 8:44 AM
$SMOFF, Sonoro Gold Announces Increase in Private Placement to $15 Million: https://sonorogold.com/news/sonoro-gold-announces-increase-in-private-placement-to-15-million
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Finanz
Finanz May. 30 at 6:47 PM
$GORO $GORO Doesn't any GORO shareholder have concern that $GGAZF will have to close down their Prieto mine in Sepgtember 2028 because another company $SMOFF bought the surface rights to the Prieto mine.?Now, maybe GGAZF/GORO will buy those rights from Sonoro Gold BEFORE the sht down of the mine. But how much will those rights cost the merged company? Or, is GGAZF really saying (by not saying anything in any disclosure to both the shareolders of GoldGroup Mining and Gold Resource) that the Prieto mine is a depleting mine asset? Not comfortable at all, but must admit I made money on the initial announcement. But what are GORO gettin gin this merger? Seriously.
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Finanz
Finanz May. 30 at 4:43 PM
$SMOFF Sonoro Gold raising $15 million for Mexico drilling Sonoro Gold Corp. [SGO-TSXV, SMOFF-OTCQB) says that in response to investor demand, it is increasing the size of a previously announced private placement financing that is now expected to raise $15 million. That is up from an earlier target of $10 million. Proceeds from the offering will be used to advance the ongoing development of the company’s Cerro Caliche gold project on Sonora, Mexico, where the company is planning a two-phased exploration campaign, including 50,000 metres of resource expansion drilling. The updated PEA reflects an increased gold price as well as higher capital costs and operating cost estimates. It envisages a 10-year life of mine with average production of 46,000 ounces of gold equivalent (AuEq) at 0.38 g/t or 459,000 ounces of AuEq over 10 years. The initial capital expenditure is forecast at US$83 million, including an US$11 million contingency. https://resourceworld.com/sonoro-gold-raising-15-million-for-mexico-drilling/
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Jnowak7
Jnowak7 May. 29 at 10:46 PM
$SMOFF It would be a curious affair if permits drop shortly after Sonoro closes this. Mexico is Mexico. https://sg.finance.yahoo.com/news/sonoro-gold-announces-increase-private-120000370.html
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GuruChartist
GuruChartist May. 29 at 4:24 PM
$SMOFF Interview with the CEO is very informative. Considering the interview was from about one month ago, you can see why they are increasing their treasury. Permitting must be getting close, imo. And the recent acquisitions and the aggressive drill program seems geared for building the value proposition for shareholders. www.youtube.com/watch?v=fJNtUct75fE The fact that the management team continues to add to their holdings in the financings is a good sign indicating their confidence in the future. The Prieto mine operated by $GGAZF is clearly in SMOFF's surface rights area starting in September, 2028. I do not know what will happen there.
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Jnowak7
Jnowak7 May. 27 at 11:49 PM
$SMOFF old auditor resigned -changing auditor to Davidson, the firm specializes in junior minors... Not seeing any red flags so far. Though it was a bit surprising as I don't recall any mentioned prior. Likely a move to an auditor with more experience in the sector. It was a quick change. Mid week announcement.. no late Friday news drop. Curious to see the price action tomorrow. Not sure how to read this yet. SONORO GOLD ANNOUNCES CHANGE OF AUDITOR | INN https://share.google/eEGDF8FjW8TsYoV3h
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Latest News on SMOFF
No data available.
GuruChartist
GuruChartist Jun. 25 at 3:30 AM
$LUCMF Until gold show sustained momentum to the upside, all gold mining stocks will be "on sale". Permitting news will move the stock up despite the gold price, but without a catalyst like permitting or a PEA, waiting for the bottom continues. Looking at $SMOFF, $BORMF $BTG $NRRSF
0 · Reply
ExperiencePays
ExperiencePays Jun. 22 at 2:13 PM
$GGAZF $GGAZF still has not disclosed, even after this supplemental disclosure for this merger with $GORO, that Gold Group Mining will lose its surface rights to Sonoro Gold $SMOFF for their Prieto mine in September 2028. Looking at the supplemental disclosure, there is no mention of this mention to this fact. Maybe with the Sanfisco mine that GGAZF recently bought, they do not need the Prieto mine's gold production, but they announced making surface infrastructure capital expenditures to increase gold production there. So they lose that gold production in 2028, unless they buy the surface rights ...or just abandon Prieto. Either way, as a Gold Resource shareholder, it looks like there is a deliberate effort to mislead GORO shareholders into approving the merger to bail out GGAZF before they are forcced to do another capital raise. JMHO
0 · Reply
ExperiencePays
ExperiencePays Jun. 8 at 3:12 AM
$SMOFF One junior gold developer worth watching is Sonoro Gold ($SMOFF / $SGO.V), which is awaiting final Mexican government permitting for its Cerro Caliche gold project in Sonora, is one junior gold developer worth watching. The permitting decision remains one of the company's most important near-term catalysts. The disconnect between valuation and project economics is what makes SMOFF attractive at the current price of $0.16. Sonoro's updated 2026 PEA outlined an after-tax Net Present Value of approximately US$224 million and a 50% Internal Rate of Return (IRR) using a very conservative US$3,500 gold price assumption, with initial capex estimated at about US$83 million. The PEA anticipates a 10-year open-pit heap leach operation producing roughly 459,000 gold-equivalent ounces over the mine life. There is no way that the recent drilling program announced could be included should additional mineralization be discovered. T
0 · Reply
GuruChartist
GuruChartist Jun. 7 at 4:10 PM
$GGAZF $GORO $SMOFF Potential valuation of GoldGroup Mining's Prieto Mine surface rights Using currently disclosed gold production figures in GGAZF's financial reports and typical mining transaction metrics, a potential range of $10-$30 million, with a low of a cooperative lease/royalty solution and a high of a strategic-control situation where continued mine operations depend on reaching an agreement between Sonoro Gold and Gold Group Mining. The surface rigth issue can be a legal problem if GGAZF does not disclose this issue before the merger. If they do not, the bargaining value of Sonoro's position could be much higher than a conventional surface-rights appraisal. Considering SMOFF's market cap around $55-$60 million, the eventual agreement with GGAZF could be a huge positive for Sonoro and a negative surprise to GGAZF and GORO shareholders.
0 · Reply
stocks_2watch
stocks_2watch Jun. 2 at 8:44 AM
$SMOFF, Sonoro Gold Announces Increase in Private Placement to $15 Million: https://sonorogold.com/news/sonoro-gold-announces-increase-in-private-placement-to-15-million
0 · Reply
Finanz
Finanz May. 30 at 6:47 PM
$GORO $GORO Doesn't any GORO shareholder have concern that $GGAZF will have to close down their Prieto mine in Sepgtember 2028 because another company $SMOFF bought the surface rights to the Prieto mine.?Now, maybe GGAZF/GORO will buy those rights from Sonoro Gold BEFORE the sht down of the mine. But how much will those rights cost the merged company? Or, is GGAZF really saying (by not saying anything in any disclosure to both the shareolders of GoldGroup Mining and Gold Resource) that the Prieto mine is a depleting mine asset? Not comfortable at all, but must admit I made money on the initial announcement. But what are GORO gettin gin this merger? Seriously.
1 · Reply
Finanz
Finanz May. 30 at 4:43 PM
$SMOFF Sonoro Gold raising $15 million for Mexico drilling Sonoro Gold Corp. [SGO-TSXV, SMOFF-OTCQB) says that in response to investor demand, it is increasing the size of a previously announced private placement financing that is now expected to raise $15 million. That is up from an earlier target of $10 million. Proceeds from the offering will be used to advance the ongoing development of the company’s Cerro Caliche gold project on Sonora, Mexico, where the company is planning a two-phased exploration campaign, including 50,000 metres of resource expansion drilling. The updated PEA reflects an increased gold price as well as higher capital costs and operating cost estimates. It envisages a 10-year life of mine with average production of 46,000 ounces of gold equivalent (AuEq) at 0.38 g/t or 459,000 ounces of AuEq over 10 years. The initial capital expenditure is forecast at US$83 million, including an US$11 million contingency. https://resourceworld.com/sonoro-gold-raising-15-million-for-mexico-drilling/
0 · Reply
Jnowak7
Jnowak7 May. 29 at 10:46 PM
$SMOFF It would be a curious affair if permits drop shortly after Sonoro closes this. Mexico is Mexico. https://sg.finance.yahoo.com/news/sonoro-gold-announces-increase-private-120000370.html
0 · Reply
GuruChartist
GuruChartist May. 29 at 4:24 PM
$SMOFF Interview with the CEO is very informative. Considering the interview was from about one month ago, you can see why they are increasing their treasury. Permitting must be getting close, imo. And the recent acquisitions and the aggressive drill program seems geared for building the value proposition for shareholders. www.youtube.com/watch?v=fJNtUct75fE The fact that the management team continues to add to their holdings in the financings is a good sign indicating their confidence in the future. The Prieto mine operated by $GGAZF is clearly in SMOFF's surface rights area starting in September, 2028. I do not know what will happen there.
0 · Reply
Jnowak7
Jnowak7 May. 27 at 11:49 PM
$SMOFF old auditor resigned -changing auditor to Davidson, the firm specializes in junior minors... Not seeing any red flags so far. Though it was a bit surprising as I don't recall any mentioned prior. Likely a move to an auditor with more experience in the sector. It was a quick change. Mid week announcement.. no late Friday news drop. Curious to see the price action tomorrow. Not sure how to read this yet. SONORO GOLD ANNOUNCES CHANGE OF AUDITOR | INN https://share.google/eEGDF8FjW8TsYoV3h
0 · Reply
stocks_2watch
stocks_2watch May. 20 at 5:59 PM
$SMOFF, Sonoro Gold Announces $10 Million Private Placement: https://sonorogold.com/news/sonoro-gold-announces-10-million-private-placement
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GuruChartist
GuruChartist May. 15 at 4:48 PM
$SMOFF Sonoro Gold is acquiring 29 mineral concessions covering over 5,400ha adjacent to its Cerro Caliche project in Sonora, expanding its property as Mexico's federal government clears speculative landholdings and restricts new concession grants. The move reflects a broader shift in Mexico's mining sector, where active, compliant operators are gaining preferential access to territory previously locked by non-productive title holders, increasing the strategic value of existing concessions. The project is in its final permitting stage for a proposed open-pit, heap leach mining operation. An updated 2026 preliminary economic assessment projects a ten-year operation at 16,000t/d. Based on approximately 30% of known mineralized zones on the original 1,350ha property and a gold price of US$3,500/oz, the assessment reports an after-tax net present value of US$224 million and an internal rate of return of 50%. https://mexicobusiness.news/mining/news/sonoro-gold-seeks-expand-cerro-caliche-9000ha-sonora
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GuruChartist
GuruChartist May. 13 at 9:17 PM
$SMOFF Looks like Sonoro Gold is very confident that the mineralization extends into neighboring land parcels and, rather than proving out their Cerro Caliche concession for other opportunistic mining companies , they are expanding their concession. Good forward looking decision.
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Finanz
Finanz May. 11 at 3:42 PM
$SMOFF chart is looking good here. $SGO.V There obviously has been accumulation going on since it bottomed out under $15. Peritting is "imminent" , just not possible to predict when the Mexican government wlll do it. But there is an old saying "The longer it has been, the more imminent it is.".
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harambe_reborn
harambe_reborn May. 8 at 6:45 PM
$SMOFF recent chunky insider buying..... leak is in??
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silverbulll
silverbulll May. 8 at 6:10 PM
$SMOFF Annoying with this slow permitting process but very excited about the drill program. First drill results should probably be out by july/august
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GuruChartist
GuruChartist May. 6 at 1:26 PM
$SMOFF https://www.bnamericas.com/en/news/sonoro-restarts-us83mn-cerro-caliche-drilling-in-mexico
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stocks_2watch
stocks_2watch May. 5 at 4:02 PM
$SGO.X, $SMOFF, Sonoro Gold Commences 50,000 Meter Drilling Program, Great News: https://sonorogold.com/news/sonoro-gold-commences-50000-meter-drilling-program
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GuruChartist
GuruChartist May. 1 at 4:19 PM
$SMOFF Insider buying...
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lucasbrennan902
lucasbrennan902 Apr. 28 at 9:24 AM
$SGO.X $SMOFF
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harrijakey
harrijakey Apr. 28 at 9:16 AM
$SGO.X $SMOFF
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stocks_2watch
stocks_2watch Apr. 27 at 2:50 PM
$SGO.X, $SMOFF, Sonoro Gold closed their oversubscribed, non-brokered private placement of 50,833,334 units at $0.24 per unit, for gross proceeds of CAD $12,200,000: https://sonorogold.com/news/sonoro-gold-announces-closing-of-oversubscribed-12-2m-private-placement
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