Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s stock price traded up 25% during mid-day trading on Thursday . The stock traded as high as C$0.10 and last traded at C$0.10. 132,125 shares were traded during trading, an increase of 17% from the average session volume of 112,910 shares. The stock had previously closed at C$0.08.
Sonoro Energy Stock Up 38.5 %
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 company has a market capitalization of C$20.39 million, a P/E ratio of -4.50 and a beta of -6.76. The stock has a 50 day moving average price of C$0.06 and a 200 day moving average price of C$0.08.
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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