Southern Energy Corp. (CVE:SOU – Get Free Report) fell 18.8% during 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 839% from the average session volume of 194,074 shares. The stock had previously closed at C$0.08.
Southern Energy Stock Performance
The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68. The stock has a market cap of C$10.82 million, a price-to-earnings ratio of -0.15 and a beta of 1.17. The company has a 50 day simple moving average of C$0.13 and a 200 day simple moving average of C$0.12.
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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