Shares of Sonoro Energy Ltd. (CVE:SNV – Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.08 and traded as high as C$0.11. Sonoro Energy shares last traded at C$0.11, with a volume of 4,500 shares traded.
Sonoro Energy Trading Down 4.5 %
The firm has a market capitalization of C$23.79 million, a PE ratio of -5.25 and a beta of -6.76. The business has a 50 day moving average price of C$0.08 and a 200-day moving average price of 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.
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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