Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s stock price shot up 45.5% on Saturday . The stock 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 Up 45.5 %
The stock has a market capitalization 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. The business’s 50-day moving average is C$0.06 and its two-hundred day moving average is C$0.07.
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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