Southern Energy Corp. (CVE:SOU – Get Free Report) fell 15.4% during trading on Thursday . The company traded as low as C$0.11 and last traded at C$0.11. 313,500 shares changed hands during mid-day trading, an increase of 78% from the average session volume of 175,775 shares. The stock had previously closed at C$0.13.
Southern Energy Price Performance
The stock’s 50-day moving average price is C$0.13 and its 200 day moving average price is C$0.13. The firm has a market capitalization of C$18.32 million, a price-to-earnings ratio of -0.26 and a beta of 1.17. The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68.
Southern Energy Company Profile
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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