Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price was up 45.5% 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 company’s 50 day simple moving average is C$0.06 and its 200-day simple moving average is C$0.07. 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 company has a quick ratio of 0.03, a current ratio of 0.98 and a debt-to-equity ratio of 30.36.
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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