Sonoro Energy (CVE:SNV) Trading Down 5% – Should You Sell?

Sonoro Energy Ltd. (CVE:SNV) traded down 5% on Monday . The company traded as low as C$0.10 and last traded at C$0.10. 162,500 shares changed hands during trading, an increase of 0% from the average session volume of 162,500 shares. The stock had previously closed at C$0.10.

Sonoro Energy Stock Performance

The company has a market cap of C$19.26 million, a P/E ratio of -4.25 and a beta of -6.76. The company has a debt-to-equity ratio of 30.36, a current ratio of 0.98 and a quick ratio of 0.03. The business has a 50-day moving average of C$0.09 and a two-hundred day moving average of C$0.08.

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.