Southern Energy Corp. (CVE:SOU – Get Free Report)’s stock price dropped 18.8% on Tuesday . The company traded as low as C$0.06 and last traded at C$0.07. Approximately 1,822,310 shares traded hands during trading, an increase of 839% from the average daily volume of 194,074 shares. The stock had previously closed at C$0.08.
Southern Energy Price Performance
The firm has a market cap of C$12.49 million, a price-to-earnings ratio of -0.17 and a beta of 1.17. The business’s 50-day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.12. The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68.
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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