Sonoro Energy Ltd. (CVE:SNV – Get Free Report) hit a new 52-week low during trading on Monday. The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 46,000 shares trading hands. The stock had previously closed at C$0.01.
Sonoro Energy Stock Down 33.3%
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 firm’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.03. The company has a market capitalization of C$2.40 million, a price-to-earnings ratio of -4.00 and a beta of 2.10.
About Sonoro Energy
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.
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