Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) fell 15.8% during trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. 571,250 shares changed hands during mid-day trading, an increase of 256% from the average session volume of 160,260 shares. The stock had previously closed at C$0.10.
Southern Energy Trading Down 15.8 %
The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37. The stock has a 50-day moving average price of C$0.13 and a two-hundred day moving average price of C$0.13. The stock has a market capitalization of C$13.32 million, a PE ratio of -0.19 and a beta of 1.17.
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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