Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price fell 11.1% on Wednesday . The stock traded as low as C$0.08 and last traded at C$0.08. 142,305 shares traded hands during mid-day trading, an increase of 7% from the average session volume of 133,517 shares. The stock had previously closed at C$0.09.
Sonoro Energy Price Performance
The company has a 50 day moving average of C$0.09 and a two-hundred day moving average of C$0.08. The firm has a market cap of C$19.26 million, a P/E ratio of -4.25 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.
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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