Shares of Sonoro Energy Ltd. (CVE:SNV – Get Free Report) traded up 22.2% on Tuesday . The stock traded as high as C$0.12 and last traded at C$0.11. 473,000 shares traded hands during mid-day trading, an increase of 377% from the average session volume of 99,214 shares. The stock had previously closed at C$0.09.
Sonoro Energy Price Performance
The firm has a market cap of C$24.93 million, a PE ratio of -5.50 and a beta of -6.76. The company has a debt-to-equity ratio of 30.36, a current ratio of 0.98 and a quick ratio of 0.03. The business’s fifty day moving average is C$0.06 and its 200-day moving average is C$0.07.
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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