Southern Energy Corp. (CVE:SOU – Get Free Report)’s share price fell 18.8% during mid-day trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07. 1,032,585 shares traded hands during mid-day trading, an increase of 485% from the average session volume of 176,654 shares. The stock had previously closed at C$0.08.
Southern Energy Stock Performance
The firm’s 50 day moving average price is C$0.12 and its 200-day moving average price is C$0.12. The firm has a market cap of C$11.66 million, a price-to-earnings ratio of -0.16 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.
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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