Sonoro Energy (CVE:SNV) Reaches New 1-Year Low – Here’s What Happened

Sonoro Energy Ltd. (CVE:SNVGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 10320 shares changing hands. The stock had previously closed at C$0.04.

Sonoro Energy Price Performance

The business’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.04. 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 company has a market cap of C$7.21 million, a PE ratio of -4.00 and a beta of -1.67.

Sonoro Energy Company Profile

(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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