Shares of Sonoro Energy Ltd. (CVE:SNV – Get Free Report) reached a new 52-week low on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 7000 shares. The stock had previously closed at C$0.05.
Sonoro Energy Stock Performance
The company has a quick ratio of 0.03, a current ratio of 0.98 and a debt-to-equity ratio of 30.36. The business’s fifty day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.07. The company has a market cap of C$12.46 million, a price-to-earnings ratio of -2.75 and a beta of -6.76.
Sonoro Energy Company Profile
Sonoro Energy Ltd. explores for, appraises, develops, and produces oil and gas resources in Southeast Asia. The company holds a 25% interest in the Selat Panjang Production Sharing Contract covering an area of approximately 940 square kilometers located in Riau province, Central Sumatra. The company was formerly known as Sonic Technology Solutions Inc and changed its name to Sonoro Energy Ltd.
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