Sonoro Energy Ltd. (CVE:SNV – Get Free Report) fell 13.3% during mid-day trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. 178,460 shares traded hands during trading, an increase of 86% from the average session volume of 95,904 shares. The stock had previously closed at C$0.08.
Sonoro Energy Price Performance
The company has a debt-to-equity ratio of 30.36, a quick ratio of 0.03 and a current ratio of 0.98. The company has a 50-day simple moving average of C$0.09 and a 200-day simple moving average of C$0.08. The company has a market cap of C$14.73 million, a price-to-earnings ratio of -3.25 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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