Sonoro Energy (CVE:SNV) Reaches New 52-Week Low – Here’s What Happened

Sonoro Energy Ltd. (CVE:SNVGet Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 411952 shares traded. The stock had previously closed at C$0.04.

Sonoro Energy Stock Performance

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 stock has a market capitalization of C$7.21 million, a PE ratio of -4.00 and a beta of -1.67. The firm has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04.

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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