Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) were down 6.3% during trading on Friday . The company traded as low as C$0.15 and last traded at C$0.15. Approximately 172,200 shares traded hands during trading, an increase of 25% from the average daily volume of 138,265 shares. The stock had previously closed at C$0.16.
Southern Energy Stock Performance
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$24.98 million, a PE ratio of -0.35 and a beta of 1.17. The business’s 50 day moving average is C$0.12 and its 200 day moving average is C$0.14.
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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