Sonoro Energy Ltd. (CVE:SNV – Get Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 213565 shares changing hands. The stock had previously closed at C$0.06.
Sonoro Energy Stock Performance
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$11.33 million, a PE ratio of -2.50 and a beta of -6.76. The business’s 50-day moving average price is C$0.06 and its 200-day moving average price is C$0.07.
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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