Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price was up 45.5% during mid-day trading on Saturday . The company traded as high as C$0.10 and last traded at C$0.08. Approximately 961,034 shares traded hands during mid-day 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 Trading Up 45.5 %
The firm has a market cap of C$18.13 million, a P/E ratio of -4.00 and a beta of -6.76. The business’s 50-day moving average is C$0.06 and its two-hundred day moving average is 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.
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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