Southern Energy Corp. (CVE:SOU – Get Free Report) shares fell 18.8% on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07. 1,032,585 shares changed hands during trading, an increase of 485% from the average session volume of 176,654 shares. The stock had previously closed at C$0.08.
Southern Energy Stock Performance
The stock has a market cap of C$10.82 million, a price-to-earnings ratio of -0.15 and a beta of 1.17. The company’s fifty day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.12. The company has a debt-to-equity ratio of 103.68, a current ratio of 0.37 and a quick ratio of 2.59.
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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