Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shares rose 45.5% during trading on Saturday . The stock traded as high as C$0.10 and last traded at C$0.08. Approximately 961,034 shares traded hands during trading, an increase of 936% from the average daily volume of 92,766 shares. The stock had previously closed at C$0.06.
Sonoro Energy Price Performance
The stock has a 50-day moving average price of C$0.06 and a two-hundred day moving average price of C$0.07. The company has a current ratio of 0.98, a quick ratio of 0.03 and a debt-to-equity ratio of 30.36. The stock has a market cap of C$18.13 million, a price-to-earnings ratio of -4.00 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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