Sonoro Energy Ltd. (CVE:SNV – Get Free Report) was down 11.1% during mid-day trading on Wednesday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 142,305 shares traded hands during trading, an increase of 7% from the average daily volume of 133,517 shares. The stock had previously closed at C$0.09.
Sonoro Energy Stock Performance
The company has a market capitalization of C$18.13 million, a PE ratio of -4.00 and a beta of -6.76. The business’s 50-day moving average is C$0.09 and its 200-day moving average is C$0.08. 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
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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