Sonoro Energy Ltd (CVE:SNV) shares traded down 7.7% during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06. 120,928 shares traded hands during trading, a decline of 49% from the average session volume of 237,719 shares. The stock had previously closed at C$0.07.
The company has a market capitalization of $5.20 million and a P/E ratio of -1.88.
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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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