Sonoro Energy Ltd. (CVE:SNV – Get Free Report) rose 23.8% during mid-day trading on Friday . The stock traded as high as C$0.13 and last traded at C$0.13. Approximately 177,300 shares changed hands during trading, an increase of 51% from the average daily volume of 117,799 shares. The stock had previously closed at C$0.11.
Sonoro Energy Trading Up 33.3 %
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 stock has a market cap of C$31.73 million, a P/E ratio of -7.00 and a beta of -6.76. The business’s fifty day simple moving average is C$0.07 and its 200 day simple moving average is 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.
Further Reading
- Five stocks we like better than Sonoro Energy
- 3 Warren Buffett Stocks to Buy Now
- ServiceNow: Will the High-Flyer Finally Split in 2024?
- Investing in Commodities: What Are They? How to Invest in Them
- MarketBeat Week in Review – 11/25 – 11/29
- How to Evaluate a Stock Before Buying
- These 3 Stocks Are Heavy Hitters in Alternative Asset Management
Receive News & Ratings for Sonoro Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonoro Energy and related companies with MarketBeat.com's FREE daily email newsletter.
