Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.03 and traded as low as C$0.03. Sonoro Energy shares last traded at C$0.03, with a volume of 4,320 shares.
Sonoro Energy Price Performance
The company’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.04. The firm has a market capitalization of C$7.21 million, a price-to-earnings ratio of -4.00 and a beta of -1.68. The company has a quick ratio of 0.03, a current ratio of 0.98 and a debt-to-equity ratio of 30.36.
Sonoro Energy Company Profile
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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