Sonoro Energy (CVE:SNV) Reaches New 1-Year Low – Time to Sell?

Shares of Sonoro Energy Ltd. (CVE:SNVGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 51300 shares trading hands. The stock had previously closed at C$0.02.

Sonoro Energy Trading Up 25.0%

The company has a quick ratio of 0.03, a current ratio of 0.98 and a debt-to-equity ratio of 30.36. The company has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.04. The company has a market capitalization of C$6.01 million, a price-to-earnings ratio of -4.00 and a beta of -1.80.

Sonoro Energy Company Profile

(Get Free Report)

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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