Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s stock price was down 16.7% during trading on Friday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 225,254 shares traded hands during mid-day trading, an increase of 89% from the average daily volume of 119,038 shares. The stock had previously closed at C$0.12.
Sonoro Energy Stock Up 5.0%
The company’s fifty day simple moving average is C$0.08 and its 200-day simple moving average is C$0.07. 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 firm has a market capitalization of C$23.79 million, a PE ratio of -5.25 and a beta of -6.76.
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.
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