Sonoro Energy (CVE:SNV) Reaches New 52-Week Low – Here’s What Happened

Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday. The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 102220 shares changing hands. The stock had previously closed at C$0.02.

Sonoro Energy Stock Performance

The stock has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.03. The firm has a market cap of C$4.81 million, a price-to-earnings ratio of -4.00 and a beta of -1.80. The company has a debt-to-equity ratio of 30.36, a quick ratio of 0.03 and a current ratio of 0.98.

About Sonoro Energy

(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. in July 2010. Sonoro Energy Ltd. was incorporated in 2000 and is based in Calgary, Canada.

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