Southern Energy Corp. (CVE:SOU – Get Free Report)’s stock price was down 15.8% during mid-day trading on Thursday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 571,250 shares were traded during 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 Price Performance
The firm has a market cap of C$13.32 million, a price-to-earnings ratio of -0.19 and a beta of 1.17. The company’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.
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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