Sonoro Energy (CVE:SNV) Hits New 1-Year Low – Here’s What Happened

Sonoro Energy Ltd. (CVE:SNV) reached a new 52-week low during trading on Friday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 308094 shares. The stock had previously closed at C$0.04.

Sonoro Energy Stock Performance

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 company’s 50-day moving average price is C$0.05 and its 200-day moving average price is C$0.05. The firm has a market capitalization of C$9.60 million, a PE ratio of -4.00 and a beta of -20.08.

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.