Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) rose 15.4% during trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 190,944 shares traded hands during trading, a decline of 1% from the average daily volume of 193,821 shares. The stock had previously closed at C$0.07.
Southern Energy Stock Up 7.1 %
The company’s 50-day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.12. The firm has a market capitalization of C$12.49 million, a P/E ratio of -0.17 and a beta of 1.17. The company has a debt-to-equity ratio of 103.68, a current ratio of 0.37 and a quick ratio of 2.59.
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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