Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) shot up 15.4% during mid-day trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. 923,752 shares changed hands during trading, an increase of 199% from the average session volume of 308,887 shares. The stock had previously closed at C$0.07.
Southern Energy Trading Up 15.4%
The firm has a market capitalization of C$25.22 million, a PE ratio of -1.50 and a beta of -0.21. The business has a 50 day moving average price of C$0.06 and a 200-day moving average price of C$0.06. The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68.
About Southern Energy
Southern Energy Corp. operates as an oil and natural gas exploration and production company in Canada. Its principal properties are the Central Mississippi Assets containing oil and gas production at Gwinville, Mechanicsburg, Williamsburg, and Mount Olive, Mississippi. The company was formerly known as Standard Exploration Ltd.
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