Southern Energy Corp. (CVE:SOU – Get Free Report)’s stock price fell 15.8% during mid-day trading on Thursday . 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 265% from the average session volume of 156,697 shares. The stock had previously closed at C$0.10.
Southern Energy Stock Performance
The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68. The company has a 50-day moving average of C$0.13 and a 200-day moving average of C$0.13. The firm has a market capitalization of C$13.32 million, a P/E ratio of -0.19 and a beta of 1.17.
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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