Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shot up 25% on Thursday . The company traded as high as C$0.10 and last traded at C$0.10. 132,125 shares were traded during trading, an increase of 17% from the average session volume of 112,910 shares. The stock had previously closed at C$0.08.
Sonoro Energy Stock Up 37.5 %
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’s fifty day moving average price is C$0.06 and its 200-day moving average price is C$0.08. The stock has a market capitalization of C$24.93 million, a PE ratio of -4.00 and a beta of -6.76.
Sonoro Energy Company Profile
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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