Southern Energy Corp. (CVE:SOU – Get Free Report)’s stock price dropped 18.8% during mid-day trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 1,822,310 shares were traded during mid-day 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 Price Performance
The firm has a market capitalization of C$10.82 million, a PE ratio of -0.15 and a beta of 1.17. The company has a debt-to-equity ratio of 103.68, a current ratio of 0.37 and a quick ratio of 2.59. The firm has a 50-day simple moving average of C$0.13 and a 200-day simple moving average of 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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