Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price shot up 27.3% during trading on Thursday . The stock traded as high as C$0.07 and last traded at C$0.07. 140,000 shares were traded during mid-day trading, an increase of 60% from the average session volume of 87,756 shares. The stock had previously closed at C$0.06.
Sonoro Energy Stock Performance
The stock has a market capitalization of C$14.73 million, a PE ratio of -3.25 and a beta of -6.76. The business has a 50 day moving average price of C$0.06 and a 200 day moving average price of 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.
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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