Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price dropped 5% during trading on Monday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 162,500 shares traded hands during trading, an increase of 0% from the average daily volume of 162,500 shares. The stock had previously closed at C$0.10.
Sonoro Energy Stock Performance
The company’s 50-day simple moving average is C$0.09 and its 200 day simple moving average is C$0.08. 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 stock has a market cap of C$21.53 million, a P/E ratio of -4.75 and a beta of -6.76.
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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