Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price shot up 23.8% on Friday . The stock traded as high as C$0.13 and last traded at C$0.13. 177,300 shares were traded during mid-day trading, an increase of 51% from the average session volume of 117,799 shares. The stock had previously closed at C$0.11.
Sonoro Energy Trading Up 9.5 %
The business’s 50-day moving average is C$0.07 and its two-hundred day moving average is C$0.08. 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$26.06 million, a P/E ratio of -6.00 and a beta of -6.76.
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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