Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) traded 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. 1,822,310 shares were traded 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 Trading Up 7.1 %
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 firm has a market capitalization of C$12.49 million, a price-to-earnings ratio of -0.17 and a beta of 1.17. The business’s fifty day moving average is C$0.12 and its 200 day moving average is C$0.12.
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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