Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price traded down 13.3% during mid-day trading on Friday . The company traded as low as C$0.07 and last traded at C$0.07. 178,460 shares traded hands during trading, an increase of 86% from the average session volume of 95,904 shares. The stock had previously closed at C$0.08.
Sonoro Energy Stock Down 13.3 %
The company has a quick ratio of 0.03, a current ratio of 0.98 and a debt-to-equity ratio of 30.36. The company has a market capitalization of C$14.73 million, a P/E ratio of -3.25 and a beta of -6.76. The firm has a 50-day moving average price of C$0.09 and a two-hundred day moving average price of C$0.08.
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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