Sonoro Energy (CVE:SNV) Sets New 52-Week Low – Should You Sell?

Sonoro Energy Ltd. (CVE:SNVGet Free Report) shares reached a new 52-week low during trading on Friday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 8000 shares traded. The stock had previously closed at C$0.03.

Sonoro Energy Stock Performance

The business has a 50-day moving average of C$0.03 and a two-hundred day moving average of C$0.04. The company has a market cap of C$6.01 million, a P/E ratio of -4.00 and a beta of -1.68. The company has a debt-to-equity ratio of 30.36, a current ratio of 0.98 and a quick ratio of 0.03.

About Sonoro Energy

(Get Free Report)

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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