Sonoro Energy Ltd. (CVE:SNV – Get Free Report) rose 23.1% on Monday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 285,343 shares changed hands during mid-day trading, an increase of 216% from the average daily volume of 90,207 shares. The stock had previously closed at C$0.07.
Sonoro Energy Price Performance
The company has a debt-to-equity ratio of 30.36, a quick ratio of 0.03 and a current ratio of 0.98. The business has a 50 day simple moving average of C$0.07 and a 200-day simple moving average of C$0.07. The firm has a market cap of C$14.73 million, a price-to-earnings ratio of -3.25 and a beta of -6.76.
About Sonoro Energy
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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