Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shares rose 25% during trading on Friday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 326,572 shares traded hands during trading, an increase of 162% from the average daily volume of 124,644 shares. The stock had previously closed at C$0.08.
Sonoro Energy Stock Performance
The stock has a market cap of C$23.45 million, a PE ratio of 5.25 and a beta of -6.66. The company has a debt-to-equity ratio of 51.40, a quick ratio of 0.03 and a current ratio of 0.76. The firm has a fifty day moving average price of C$0.11 and a 200 day moving average price of C$0.13.
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.
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