Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) fell 13.8% on Thursday . The company traded as low as C$0.13 and last traded at C$0.13. 370,260 shares were traded during mid-day trading, an increase of 155% from the average session volume of 145,098 shares. The stock had previously closed at C$0.15.
Southern Energy Stock Performance
The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68. The company has a market cap of C$23.31 million, a P/E ratio of -0.33 and a beta of 1.17. The company has a 50 day moving average price of C$0.12 and a 200-day moving average price of C$0.14.
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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