Shares of Sonoro Energy Ltd. (CVE:SNV – Get Free Report) hit a new 52-week low on Thursday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 53333 shares trading hands. The stock had previously closed at C$0.04.
Sonoro Energy Stock Performance
The firm’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The stock has a market capitalization of C$7.21 million, a PE ratio of -4.00 and a beta of -1.53. The company has a debt-to-equity ratio of 30.36, a quick ratio of 0.03 and a current ratio of 0.98.
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. in July 2010. Sonoro Energy Ltd. was incorporated in 2000 and is based in Calgary, Canada.
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