Southern Energy Corp. (CVE:SOU – Get Free Report) was down 15.8% during mid-day trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 385,250 shares traded hands during mid-day trading, an increase of 146% from the average daily volume of 156,385 shares. The stock had previously closed at C$0.10.
Southern Energy Trading Down 15.8 %
The firm’s 50-day moving average price is C$0.13 and its 200-day moving average price is C$0.13. The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68. The company has a market cap of C$13.32 million, a P/E 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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