Southern Energy Corp. (CVE:SOU – Get Free Report)’s share price fell 15.8% on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08. 352,250 shares traded hands during trading, an increase of 126% from the average session volume of 155,697 shares. The stock had previously closed at C$0.10.
Southern Energy Price Performance
The company has a debt-to-equity ratio of 103.68, a current ratio of 0.37 and a quick ratio of 2.59. The stock has a market capitalization of C$13.32 million, a P/E ratio of -0.19 and a beta of 1.17. The company’s 50 day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.13.
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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