Sonoro Energy Ltd. (CVE:SNV – Get Free Report) shares traded down 13.8% on Wednesday . The stock traded as low as C$0.13 and last traded at C$0.13. 86,050 shares were traded during mid-day trading, a decline of 49% from the average session volume of 168,549 shares. The stock had previously closed at C$0.15.
Sonoro Energy Price Performance
The company has a market capitalization of C$24.31 million, a PE ratio of 7.00 and a beta of -6.75. The company’s fifty day moving average is C$0.13 and its 200-day moving average is C$0.15.
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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