Southern Energy Corp. (CVE:SOU – Get Free Report) shares fell 15.8% during trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. 571,250 shares traded hands during trading, an increase of 256% from the average session volume of 160,260 shares. The stock had previously closed at C$0.10.
Southern Energy Price Performance
The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68. The stock’s 50-day moving average price is C$0.13 and its 200 day moving average price is C$0.13. The firm has a market cap of C$13.32 million, a price-to-earnings ratio of -0.19 and a beta of 1.17.
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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