Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s stock price traded up 25% on Saturday . The company traded as high as C$0.05 and last traded at C$0.05. 160,000 shares were traded during mid-day trading, a decline of 1% from the average session volume of 160,844 shares. The stock had previously closed at C$0.04.
Sonoro Energy Stock Performance
The stock’s 50-day moving average is C$0.07 and its 200-day moving average is C$0.08. The stock has a market cap of C$11.62 million, a price-to-earnings ratio of -2.50 and a beta of -14.59. The company has a debt-to-equity ratio of 30.36, a current ratio of 0.98 and a quick ratio of 0.03.
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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