Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price fell 13.3% during trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. 217,460 shares were traded during mid-day trading, an increase of 118% from the average session volume of 99,946 shares. The stock had previously closed at C$0.08.
Sonoro Energy Trading Down 13.3 %
The stock’s 50 day moving average is C$0.09 and its 200-day moving average is C$0.08. The company has a market cap of C$14.73 million, a P/E ratio of -3.25 and a beta of -6.76. 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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