Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) dropped 15.4% during trading on Thursday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 313,500 shares were traded during trading, an increase of 78% from the average daily volume of 175,775 shares. The stock had previously closed at C$0.13.
Southern Energy Price Performance
The company has a market capitalization of C$18.32 million, a P/E ratio of -0.26 and a beta of 1.17. The stock’s fifty day simple moving average is C$0.13 and its 200-day simple moving average is C$0.13. 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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