Sonoro Energy Ltd. (CVE:SNV – Get Free Report) was up 25% on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 189,000 shares traded hands during mid-day trading, an increase of 28% from the average daily volume of 147,564 shares. The stock had previously closed at C$0.04.
Sonoro Energy Trading Up 25.0%
The business has a 50-day moving average price of C$0.05 and a two-hundred day moving average price of C$0.07. The stock has a market capitalization of C$12.00 million, a P/E ratio of -5.00 and a beta of -14.92. 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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