Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shares rose 33.3% during trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. 809,499 shares were traded during trading, an increase of 401% from the average session volume of 161,459 shares. The stock had previously closed at C$0.01.
Sonoro Energy Stock Performance
The stock has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The stock has a market cap of C$4.81 million, a price-to-earnings ratio of -4.00 and a beta of -1.80. The company has a debt-to-equity ratio of 30.36, a quick ratio of 0.03 and a current ratio of 0.98.
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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