Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) traded down 7.7% during trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. 111,000 shares traded hands during trading, a decline of 65% from the average session volume of 315,182 shares. The stock had previously closed at C$0.07.
Southern Energy Price Performance
The stock has a 50-day simple moving average of C$0.07 and a 200 day simple moving average of C$0.06. The company has a market cap of C$21.86 million, a PE ratio of -1.30 and a beta of -0.21. The company has a quick ratio of 2.59, a current ratio of 0.37 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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