Shares of Sonoro Energy Ltd. (CVE:SNV – Get Free Report) were up 25% during mid-day trading on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 189,000 shares changed hands during mid-day trading, an increase of 28% from the average daily volume of 147,988 shares. The stock had previously closed at C$0.04.
Sonoro Energy Stock Down 11.1%
The company has a market capitalization of C$9.60 million, a PE ratio of -4.00 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. The business has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.07.
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. in July 2010. Sonoro Energy Ltd. was incorporated in 2000 and is based in Calgary, Canada.
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