Sonoro Energy (CVE:SNV) Trading 25% Higher

Sonoro Energy Ltd. (CVE:SNVGet Free Report)’s stock price rose 25% during trading on Friday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 326,572 shares traded hands during mid-day trading, an increase of 162% from the average daily volume of 124,644 shares. The stock had previously closed at C$0.08.

Sonoro Energy Stock Up 31.3 %

The company has a debt-to-equity ratio of 51.40, a current ratio of 0.76 and a quick ratio of 0.03. The company has a market capitalization of C$23.45 million, a PE ratio of 5.25 and a beta of -6.66. The business has a 50-day moving average of C$0.11 and a 200 day moving average of C$0.13.

About Sonoro Energy

(Get Free Report)

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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