Sonoro Energy (CVE:SNV) Hits New 52-Week Low – Should You Sell?

Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday. The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 42294 shares changing hands. The stock had previously closed at C$0.02.

Sonoro Energy Stock Down 25.0%

The company has a debt-to-equity ratio of 30.36, a current ratio of 0.98 and a quick ratio of 0.03. The firm has a market cap of C$3.61 million, a PE ratio of -4.00 and a beta of -1.80. The business has a fifty day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03.

Sonoro Energy Company Profile

(Get Free Report)

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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