Southern Energy (CVE:SOU) Trading Up 4.8% – Should You Buy?

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price was up 4.8% on Friday . The company traded as high as C$0.12 and last traded at C$0.11. Approximately 124,823 shares traded hands during trading, a decline of 2% from the average daily volume of 126,988 shares. The stock had previously closed at C$0.11.

Southern Energy Stock Performance

The stock’s 50-day moving average price is C$0.10 and its 200-day moving average price is C$0.15. 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 capitalization of C$18.32 million, a P/E ratio of -0.26 and a beta of 1.17.

About Southern Energy

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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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