Sonoro Energy Ltd (CVE:SNV)’s share price shot up 35.7% on Friday . The stock traded as high as C$0.10 and last traded at C$0.10, 196,190 shares were traded during trading. An increase of 14% from the average session volume of 172,019 shares. The stock had previously closed at C$0.07.
The company’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.08. The company has a market cap of $5.82 million and a price-to-earnings ratio of -6.36.
Sonoro Energy Company Profile (CVE:SNV)
Sonoro Energy Ltd. explores for, appraises, develops, and produces oil and gas resources in Southeast Asia. It holds a 99.5% interest in the Budong Budong Production Sharing Contract covering an area of 1,094 square kilometer located in the province of West Sulawesi, Indonesia. The company was formerly known as Sonic Technology Solutions Inc and changed its name to Sonoro Energy Ltd.
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