Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price rose 45.5% on Friday . The stock traded as high as C$0.10 and last traded at C$0.08. Approximately 961,034 shares changed 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 Trading Up 45.5 %
The company’s fifty day moving average price is C$0.06 and its two-hundred day moving average price is C$0.07. 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 cap of C$18.13 million, a price-to-earnings ratio of -4.00 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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