Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price traded down 14.3% during trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06. 139,960 shares traded hands during mid-day trading, an increase of 22% from the average session volume of 114,987 shares. The stock had previously closed at C$0.07.
Sonoro Energy Stock Down 21.4 %
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 capitalization of C$12.46 million, a price-to-earnings ratio of -3.50 and a beta of -6.72. The firm has a 50 day moving average price of C$0.06 and a two-hundred day moving average price of C$0.09.
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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