Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s stock price rose 27.3% during mid-day trading on Thursday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 140,000 shares changed hands during mid-day trading, an increase of 60% from the average daily volume of 87,756 shares. The stock had previously closed at C$0.06.
Sonoro Energy Stock Up 9.1 %
The firm has a fifty day moving average of C$0.06 and a 200-day moving average of C$0.07. The company has a quick ratio of 0.03, a current ratio of 0.98 and a debt-to-equity ratio of 30.36. The firm has a market cap of C$13.60 million, a P/E ratio of -3.00 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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