Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shares were down 17.9% on Thursday . The stock traded as low as C$0.12 and last traded at C$0.12. Approximately 318,037 shares traded hands during mid-day trading, an increase of 100% from the average daily volume of 159,139 shares. The stock had previously closed at C$0.14.
Sonoro Energy Trading Down 17.9%
The firm has a fifty day moving average of C$0.10 and a two-hundred day moving average of C$0.08. The company has a market cap of C$26.06 million, a PE ratio of -5.75 and a beta of -6.76. The company has a current ratio of 0.98, a quick ratio of 0.03 and a debt-to-equity ratio of 30.36.
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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