Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) fell 18.8% during trading on Wednesday . The company 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 Stock Down 18.8 %
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 company has a market capitalization of C$10.82 million, a PE ratio of -0.15 and a beta of 1.17. The business’s 50 day simple moving average is C$0.13 and its 200 day simple moving average is C$0.12.
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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