Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shares hit a new 52-week low during trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 53333 shares trading hands. The stock had previously closed at C$0.04.
Sonoro Energy Trading Up 16.7%
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 stock has a market cap of C$8.41 million, a price-to-earnings ratio of -4.00 and a beta of -1.53. The company’s 50 day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04.
Sonoro Energy Company Profile
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. in July 2010. Sonoro Energy Ltd. was incorporated in 2000 and is based in Calgary, Canada.
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