Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) were down 15.8% on Thursday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 337,750 shares traded hands during mid-day trading, an increase of 125% from the average daily volume of 150,317 shares. The stock had previously closed at C$0.10.
Southern Energy Stock Down 15.8 %
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 firm has a market capitalization of C$13.32 million, a P/E ratio of -0.19 and a beta of 1.17. The firm’s fifty day moving average price is C$0.13 and its 200-day moving average price is C$0.13.
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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