Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s stock price rose 28.6% on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 474,000 shares were traded during mid-day trading, an increase of 149% from the average daily volume of 190,622 shares. The stock had previously closed at C$0.04.
Sonoro Energy Stock Performance
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 stock has a market cap of C$10.82 million, a price-to-earnings ratio of -4.00 and a beta of -18.19. The stock’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.04.
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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