Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s stock price fell 20% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 569,350 shares changed hands during mid-day trading, an increase of 274% from the average session volume of 152,187 shares. The stock had previously closed at C$0.03.
Sonoro Energy Price Performance
The company has a market cap of C$4.81 million, a P/E ratio of -4.00 and a beta of -1.68. The company has a debt-to-equity ratio of 30.36, a quick ratio of 0.03 and a current ratio of 0.98. The stock has a 50-day simple moving average of C$0.03 and a 200 day simple moving average of C$0.04.
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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