Shares of Sonoro Energy Ltd. (CVE:SNV – Get Free Report) were down 13.3% on Friday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 217,460 shares were traded during trading, an increase of 118% from the average daily volume of 99,946 shares. The stock had previously closed at C$0.08.
Sonoro Energy Trading Down 13.3 %
The stock has a 50 day moving average of C$0.09 and a 200-day moving average of C$0.08. The company has a market capitalization of C$14.73 million, a P/E ratio of -3.25 and a beta of -6.76. The company has a current ratio of 0.98, a quick ratio of 0.03 and a debt-to-equity ratio of 30.36.
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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