Sonoro Energy (CVE:SNV) Reaches New 1-Year Low – Should You Sell?

Shares of Sonoro Energy Ltd. (CVE:SNV – Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 411952 shares. The stock had previously closed at C$0.04.

Sonoro Energy Stock Down 14.3%

The company has a debt-to-equity ratio of 30.36, a quick ratio of 0.03 and a current ratio of 0.98. The firm has a market capitalization of C$7.21 million, a PE ratio of -4.00 and a beta of -1.67. The company has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.04.

Sonoro Energy Company Profile

(Get Free Report)

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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