Sonoro Energy (CVE:SNV) Stock Price Up 25% – Here’s What Happened

Shares of Sonoro Energy Ltd. (CVE:SNVGet Free Report) traded up 25% during trading on Saturday . The stock traded as high as C$0.05 and last traded at C$0.05. 160,000 shares were traded during trading, a decline of 1% from the average session volume of 160,844 shares. The stock had previously closed at C$0.04.

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 company’s fifty day moving average is C$0.07 and its 200 day moving average is C$0.08. The company has a market cap of C$11.62 million, a P/E ratio of -2.50 and a beta of -14.59.

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.

See Also

Receive News & Ratings for Sonoro Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonoro Energy and related companies with MarketBeat.com's FREE daily email newsletter.