Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price traded up 25% during mid-day trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 132,125 shares changed hands during trading, an increase of 17% from the average session volume of 112,910 shares. The stock had previously closed at C$0.08.
Sonoro Energy Stock Up 37.5 %
The company’s 50 day moving average price is C$0.06 and its two-hundred day moving average price is C$0.08. 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 stock has a market cap of C$24.93 million, a P/E ratio of -4.00 and a beta of -6.76.
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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