Southern Energy (CVE:SOU) Sets New 12-Month Low at $0.15

Southern Energy Corp. (CVE:SOU) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.15 and last traded at C$0.15, with a volume of 61000 shares trading hands. The stock had previously closed at C$0.16.

Southern Energy Stock Down 4.4 %

The stock has a market capitalization of C$25.47 million, a P/E ratio of -0.36 and a beta of 1.21. 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 stock’s 50 day simple moving average is C$0.17 and its 200 day simple moving average is C$0.18.

Southern Energy (CVE:SOU) last posted its quarterly earnings results on Tuesday, May 28th. The company reported C($0.03) earnings per share (EPS) for the quarter. The company had revenue of C$6.46 million during the quarter. As a group, research analysts predict that Southern Energy Corp. will post 0.0865922 EPS for the current fiscal year.

Southern Energy Company Profile

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.