Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shares were up 25% during trading on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 189,000 shares traded hands during mid-day trading, an increase of 28% from the average daily volume of 147,988 shares. The stock had previously closed at C$0.04.
Sonoro Energy Price Performance
The business’s 50 day moving average is C$0.05 and its two-hundred day moving average is C$0.07. 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 firm has a market capitalization of C$10.80 million, a PE ratio of -4.50 and a beta of -14.92.
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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