Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) fell 18.8% during trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.07. 1,822,310 shares were traded during mid-day 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 Price Performance
The stock has a market capitalization of C$12.49 million, a PE ratio of -0.17 and a beta of 1.17. The firm’s fifty day moving average price is C$0.12 and its two-hundred day moving average price is C$0.12. The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68.
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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