Sonoro Energy Ltd. (CVE:SNV – Get Free Report) dropped 34.5% during trading on Monday . The stock traded as low as C$0.09 and last traded at C$0.10. Approximately 212,045 shares were traded during trading, an increase of 73% from the average daily volume of 122,921 shares. The stock had previously closed at C$0.15.
Sonoro Energy Stock Performance
The firm’s 50 day simple moving average is C$0.09 and its 200 day simple moving average is C$0.11. The firm has a market capitalization of C$24.57 million, a price-to-earnings ratio of 5.50 and a beta of -6.66. The company has a debt-to-equity ratio of 51.40, a quick ratio of 0.03 and a current ratio of 0.76.
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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