Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shares rose 15.4% during trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 329,000 shares changed hands during mid-day trading, an increase of 237% from the average daily volume of 97,674 shares. The stock had previously closed at C$0.07.
Sonoro Energy Stock Performance
The company has a market cap of C$15.86 million, a P/E ratio of -3.50 and a beta of -6.76. The business has a 50 day moving average price of C$0.07 and a two-hundred day moving average price of C$0.07. The company has a debt-to-equity ratio of 30.36, a quick ratio of 0.03 and a current ratio of 0.98.
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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