Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shares shot up 25% during mid-day trading on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. 534,302 shares were traded during mid-day trading, an increase of 188% from the average session volume of 185,320 shares. The stock had previously closed at C$0.04.
Sonoro Energy Trading Up 25.0%
The company has a market cap of C$12.00 million, a PE ratio of -5.00 and a beta of -18.41. The company’s 50 day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.07. The company has a debt-to-equity ratio of 30.36, a current ratio of 0.98 and a quick ratio of 0.03.
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. in July 2010. Sonoro Energy Ltd. was incorporated in 2000 and is based in Calgary, Canada.
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