Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s stock price fell 33.3% on Tuesday. The company traded as low as C$0.01 and last traded at C$0.01. Approximately 180,401 shares traded hands during mid-day trading, an increase of 3% from the average session volume of 175,343 shares. The stock had previously closed at C$0.01.
Sonoro Energy Stock Performance
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 company’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.03. The company has a market capitalization of C$2.40 million, a P/E ratio of -4.00 and a beta of 2.10.
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. in July 2010. Sonoro Energy Ltd. was incorporated in 2000 and is based in Calgary, Canada.
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