Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shares rose 25% during trading on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 189,000 shares changed hands during trading, an increase of 28% from the average daily volume of 147,988 shares. The stock had previously closed at C$0.04.
Sonoro Energy Price Performance
The company has a 50-day moving average of C$0.05 and a 200 day moving average of C$0.07. 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 stock has a market capitalization of C$10.80 million, a PE ratio of -4.50 and a beta of -14.92.
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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