Sonoro Energy (CVE:SNV) Sets New 12-Month Low – Time to Sell?

Sonoro Energy Ltd. (CVE:SNVGet Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 224457 shares. The stock had previously closed at C$0.03.

Sonoro Energy Stock Performance

The business has a 50 day moving average of C$0.03 and a two-hundred day moving average of C$0.04. The firm has a market cap of C$7.21 million, a P/E ratio of -4.00 and a beta of -1.68. The company has a current ratio of 0.98, a quick ratio of 0.03 and a debt-to-equity ratio of 30.36.

About Sonoro Energy

(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.

Further Reading

Receive News & Ratings for Sonoro Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonoro Energy and related companies with MarketBeat.com's FREE daily email newsletter.