Shares of Sonoro Energy Ltd. (CVE:SNV – Get Free Report) were up 45.5% on Saturday . The stock traded as high as C$0.10 and last traded at C$0.08. Approximately 961,034 shares traded hands during trading, an increase of 936% from the average daily volume of 92,766 shares. The stock had previously closed at C$0.06.
Sonoro Energy Price Performance
The stock has a market capitalization of C$18.13 million, a price-to-earnings ratio of -4.00 and a beta of -6.76. 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 stock has a fifty day moving average of C$0.06 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.
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