Southern Energy Corp. (CVE:SOU – Get Free Report)’s share price dropped 21.1% during mid-day trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 341,750 shares were traded during mid-day trading, an increase of 120% from the average daily volume of 155,478 shares. The stock had previously closed at C$0.10.
Southern Energy Stock Performance
The firm has a fifty day moving average of C$0.13 and a 200-day moving average of C$0.13. The firm has a market cap of C$13.32 million, a P/E ratio of -0.19 and a beta of 1.17. 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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