Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) rose 15.4% during trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 923,752 shares changed hands during trading, an increase of 199% from the average daily volume of 308,887 shares. The stock had previously closed at C$0.07.
Southern Energy Stock Down 6.7%
The firm’s 50-day simple moving average is C$0.06 and its 200-day simple moving average is C$0.06. The company has a market capitalization of C$23.54 million, a price-to-earnings ratio of -1.40 and a beta of -0.21. The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37.
Southern Energy Company Profile
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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