Southern Energy (CVE:SOU) Shares Down 18.8% – Should You Sell?

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price fell 18.8% 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 mid-day 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 has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37. The company has a market cap of C$12.49 million, a P/E ratio of -0.17 and a beta of 1.17. The firm has a 50 day moving average price of C$0.12 and a 200-day moving average price of C$0.12.

About Southern Energy

(Get Free Report)

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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