Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shares traded up 25% during mid-day trading on Thursday . The stock traded as high as C$0.10 and last traded at C$0.10. 132,125 shares changed hands during mid-day trading, an increase of 17% from the average session volume of 112,910 shares. The stock had previously closed at C$0.08.
Sonoro Energy Trading Up 38.5 %
The company has a debt-to-equity ratio of 30.36, a current ratio of 0.98 and a quick ratio of 0.03. The business’s 50-day moving average is C$0.06 and its 200 day moving average is C$0.08. The firm has a market capitalization of C$20.39 million, a P/E ratio of -4.50 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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