Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) fell 15.8% during mid-day trading on Friday . The stock 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 Stock Performance
The company has a debt-to-equity ratio of 103.68, a current ratio of 0.37 and a quick ratio of 2.59. The company has a market capitalization of C$13.32 million, a PE ratio of -0.19 and a beta of 1.17. The stock has a 50-day simple moving average of C$0.13 and a 200 day simple moving average of C$0.13.
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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