Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price traded 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. 105,000 shares were traded during mid-day trading, an increase of 22% from the average session volume of 86,383 shares. The stock had previously closed at C$0.06.
Sonoro Energy Stock Up 27.3 %
The firm’s fifty day simple moving average is C$0.06 and its 200 day simple moving average is C$0.07. 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 company has a market cap of C$15.86 million, a price-to-earnings ratio of -3.50 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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