Sonoro Energy (CVE:SNV) Trading Up 30.8% – What’s Next?

Sonoro Energy Ltd. (CVE:SNVGet Free Report)’s stock price shot up 30.8% during trading on Tuesday . The stock traded as high as C$0.09 and last traded at C$0.09. 125,530 shares traded hands during mid-day trading, an increase of 18% from the average session volume of 105,938 shares. The stock had previously closed at C$0.07.

Sonoro Energy Stock Performance

The stock has a 50-day moving average of C$0.09 and a 200 day moving average of C$0.08. The stock has a market cap of C$15.86 million, a PE ratio of -3.50 and a beta of -6.76. The company has a quick ratio of 0.03, a current ratio of 0.98 and a debt-to-equity ratio of 30.36.

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.

Read More

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.