Southern Energy Corp. (CVE:SOU – Get Free Report) shares were down 18.8% during mid-day trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 1,822,310 shares were traded during trading, an increase of 839% from the average daily volume of 194,074 shares. The stock had previously closed at C$0.08.
Southern Energy Stock Up 7.1 %
The business has a 50-day moving average price of C$0.12 and a 200 day moving average price of C$0.12. 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 stock has a market capitalization of C$12.49 million, a P/E ratio of -0.17 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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