Southern Energy Corp. (CVE:SOU – Get Free Report) shares fell 18.8% during mid-day trading on Tuesday . 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 Performance
The company’s 50 day moving average price is C$0.13 and its 200-day moving average price is C$0.12. The stock has a market cap of C$10.82 million, a P/E ratio of -0.15 and a beta of 1.17. The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37.
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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