Southern Energy Corp. (CVE:SOU – Get Free Report)’s share price dropped 18.8% during mid-day trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 1,032,585 shares traded hands during trading, an increase of 485% from the average daily volume of 176,654 shares. The stock had previously closed at C$0.08.
Southern Energy Trading Up 7.7 %
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 company’s fifty day moving average is C$0.12 and its 200-day moving average is C$0.12. The stock has a market cap of C$11.66 million, a PE ratio of -0.16 and a beta of 1.17.
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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