Shares of Sonoro Energy Ltd. (CVE:SNV – Get Free Report) were up 25% during trading on Saturday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 160,000 shares traded hands during trading, a decline of 1% from the average daily volume of 160,844 shares. The stock had previously closed at C$0.04.
Sonoro Energy Trading Up 25.0%
The stock’s 50 day moving average price is C$0.07 and its 200-day moving average price is C$0.08. 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 stock has a market capitalization of C$11.62 million, a PE ratio of -2.50 and a beta of -14.59.
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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