Southern Energy Corp. (CVE:SOU – Get Free Report) shares were down 15.8% on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 571,250 shares traded hands during mid-day trading, an increase of 265% from the average daily volume of 156,697 shares. The stock had previously closed at C$0.10.
Southern Energy Stock Down 15.8 %
The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68. The firm has a market capitalization of C$13.32 million, a PE ratio of -0.19 and a beta of 1.17. The firm has a 50-day moving average of C$0.13 and a two-hundred day moving average of C$0.13.
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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