Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s stock price was up 27.3% on Thursday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 105,000 shares traded hands during trading, an increase of 22% from the average daily volume of 86,383 shares. The stock had previously closed at C$0.06.
Sonoro Energy Stock Up 27.3 %
The firm’s 50-day moving average price is C$0.06 and its two-hundred day moving average price is C$0.07. 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 firm has a market cap of C$15.86 million, a PE ratio of -3.50 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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