Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price was up 25% on Friday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 160,000 shares traded hands during mid-day trading, a decline of 1% from the average daily volume of 160,844 shares. The stock had previously closed at C$0.04.
Sonoro Energy Price Performance
The stock has a market capitalization of C$11.62 million, a P/E ratio of -2.50 and a beta of -14.59. The business’s 50 day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.08. The company has a quick ratio of 0.03, a current ratio of 0.98 and a debt-to-equity ratio of 30.36.
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.
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