Sonoro Energy (CVE:SNV) Sets New 52-Week Low at $0.06

Sonoro Energy Ltd. (CVE:SNVGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 21000 shares trading hands. The stock had previously closed at C$0.07.

Sonoro Energy Price Performance

The business has a fifty day moving average of C$0.08 and a 200-day moving average of C$0.10. The company has a current ratio of 0.98, a quick ratio of 0.03 and a debt-to-equity ratio of 30.36. The firm has a market cap of C$13.60 million, a PE ratio of -3.25 and a beta of -6.65.

About Sonoro Energy

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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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