Sonoro Energy Ltd. (CVE:SNV – Get Free Report) traded down 18.8% on Friday . The company traded as low as C$0.07 and last traded at C$0.07. 804,718 shares traded hands during trading, an increase of 593% from the average session volume of 116,068 shares. The stock had previously closed at C$0.08.
Sonoro Energy Price Performance
The firm has a market capitalization of C$14.73 million, a P/E ratio of -3.25 and a beta of -6.76. 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 business’s 50-day simple moving average is C$0.06 and its 200 day simple moving average is C$0.08.
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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