Southern Energy Corp. (CVE:SOU – Get Free Report)’s share price traded down 18.8% during mid-day trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07. 1,822,310 shares changed hands during trading, an increase of 862% from the average session volume of 189,486 shares. The stock had previously closed at C$0.08.
Southern Energy Stock Performance
The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37. The firm has a market cap of C$10.82 million, a P/E ratio of -0.15 and a beta of 1.17. The company’s 50 day moving average is C$0.13 and its 200 day moving average is C$0.12.
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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