Shares of Sonoro Energy Ltd. (CVE:SNV – Get Free Report) rose 15.4% during trading on Monday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 276,343 shares changed hands during mid-day trading, an increase of 212% from the average daily volume of 88,450 shares. The stock had previously closed at C$0.07.
Sonoro Energy Stock Performance
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’s fifty day moving average price is C$0.07 and its two-hundred day moving average price is C$0.07. The firm has a market cap of C$14.73 million, a PE ratio of -3.25 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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