Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.07 and traded as low as C$0.06. Sonoro Energy shares last traded at C$0.06, with a volume of 25,227 shares.
Sonoro Energy Trading Down 7.7 %
The company has a market cap of C$13.60 million, a P/E ratio of -3.00 and a beta of -6.72. 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 business has a 50 day moving average price of C$0.07 and a 200-day moving average price of C$0.09.
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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