Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shot up 45.5% during mid-day trading on Saturday . The stock traded as high as C$0.10 and last traded at C$0.08. 961,034 shares were traded during mid-day trading, an increase of 936% from the average session volume of 92,766 shares. The stock had previously closed at C$0.06.
Sonoro Energy Trading Up 45.5 %
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 company’s 50-day moving average price is C$0.06 and its 200-day moving average price is C$0.07. The firm 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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