Sonoro Energy Ltd. (CVE:SNV – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 51300 shares traded. The stock had previously closed at C$0.02.
Sonoro Energy Trading Down 20.0%
The company’s fifty day moving average is C$0.03 and its 200-day moving average is C$0.04. 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 firm has a market capitalization of C$4.81 million, a P/E ratio of -4.00 and a beta of -1.80.
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. in July 2010. Sonoro Energy Ltd. was incorporated in 2000 and is based in Calgary, Canada.
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