Shares of Sonoro Energy Ltd. (CVE:SNV – Get Free Report) traded up 25% during mid-day trading on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. 189,000 shares were traded during trading, an increase of 28% from the average session volume of 147,988 shares. The stock had previously closed at C$0.04.
Sonoro Energy Stock Performance
The company has a debt-to-equity ratio of 30.36, a quick ratio of 0.03 and a current ratio of 0.98. The stock has a market cap of C$10.80 million, a P/E ratio of -4.50 and a beta of -14.92. The business’s 50-day moving average price is C$0.05 and its 200-day moving average price is C$0.07.
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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