Sonoro Energy Ltd. (CVE:SNV – Get Free Report) traded down 25% during mid-day trading on Thursday. The company traded as low as C$0.01 and last traded at C$0.01. 102,000 shares traded hands during trading, a decline of 36% from the average daily volume of 160,352 shares. The stock had previously closed at C$0.02.
Sonoro Energy Trading Down 25.0%
The stock has a market cap of C$3.61 million, a PE ratio of -4.00 and a beta of -1.80. The company’s 50-day moving average price is C$0.02 and its 200 day moving average price is C$0.03. The company has a debt-to-equity ratio of 30.36, a quick ratio of 0.03 and a current ratio of 0.98.
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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