Sonoro Energy (CVE:SNV) Trading 45.5% Higher – Time to Buy?

Sonoro Energy Ltd. (CVE:SNVGet Free Report) shares traded up 45.5% during trading on Saturday . The stock traded as high as C$0.10 and last traded at C$0.08. 961,034 shares were traded 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 Price Performance

The stock has a fifty day moving average of C$0.06 and a two-hundred day moving average of C$0.07. The stock has a market cap of C$18.13 million, a price-to-earnings 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.

Sonoro Energy Company Profile

(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.

Read More

Receive News & Ratings for Sonoro Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonoro Energy and related companies with MarketBeat.com's FREE daily email newsletter.