Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s stock price shot up 27.3% during mid-day trading on Thursday . The company traded as high as C$0.07 and last traded at C$0.07. 140,000 shares were traded during trading, an increase of 60% from the average session volume of 87,756 shares. The stock had previously closed at C$0.06.
Sonoro Energy Trading Up 8.3 %
The firm has a 50 day moving average of C$0.06 and a 200-day moving average of C$0.07. The company has a quick ratio of 0.03, a current ratio of 0.98 and a debt-to-equity ratio of 30.36. The firm has a market capitalization of C$14.73 million, a P/E 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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