Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s stock price shot up 15.4% on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. 329,000 shares changed hands during trading, an increase of 237% from the average session volume of 97,674 shares. The stock had previously closed at C$0.07.
Sonoro Energy Stock Performance
The company has a current ratio of 0.98, a quick ratio of 0.03 and a debt-to-equity ratio of 30.36. The company’s 50-day moving average price is C$0.07 and its two-hundred day moving average price is C$0.07. The company has a market cap of C$17.00 million, a P/E ratio of -3.75 and a beta of -6.76.
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.
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