Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price traded up 45.5% on Saturday . The company traded as high as C$0.10 and last traded at C$0.08. 961,034 shares changed hands 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 Stock Performance
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 firm has a market cap of C$18.13 million, a PE ratio of -4.00 and a beta of -6.76. The business has a 50 day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07.
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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