Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shares rose 27.3% during mid-day trading on Thursday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 140,000 shares traded hands during trading, an increase of 60% from the average daily volume of 87,756 shares. The stock had previously closed at C$0.06.
Sonoro Energy Price Performance
The firm has a market capitalization of C$14.73 million, a P/E ratio of -3.25 and a beta of -6.76. The company has a debt-to-equity ratio of 30.36, a current ratio of 0.98 and a quick ratio of 0.03. The company has a fifty day moving average of C$0.06 and a 200 day moving average of C$0.07.
Sonoro Energy Company Profile
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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