Southern Energy (CVE:SOU) Stock Price Down 12.5% – Here’s What Happened

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price fell 12.5% during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07. 1,036,310 shares changed hands during mid-day trading, an increase of 480% from the average session volume of 178,662 shares. The stock had previously closed at C$0.08.

Southern Energy Trading Up 7.7 %

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 cap of C$11.66 million, a PE ratio of -0.16 and a beta of 1.17. The company’s 50-day moving average is C$0.12 and its 200 day moving average is C$0.12.

About Southern Energy

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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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