Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price dropped 33.3% during trading on Wednesday. The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 2,565,230 shares changed hands during trading, an increase of 1,361% from the average session volume of 175,553 shares. The stock had previously closed at C$0.01.
Sonoro Energy Trading Down 33.3%
The stock has a fifty day moving average of C$0.02 and a two-hundred day moving average of C$0.03. The company has a market capitalization of C$2.40 million, a PE ratio of -4.00 and a beta of 2.10. The company has a current ratio of 0.98, a quick ratio of 0.03 and a debt-to-equity ratio of 30.36.
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. in July 2010. Sonoro Energy Ltd. was incorporated in 2000 and is based in Calgary, Canada.
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