Southern Energy Corp. (CVE:SOU – Get Free Report) shares were down 12.5% during mid-day trading on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 625,000 shares traded hands during trading, an increase of 295% from the average daily volume of 158,362 shares. The stock had previously closed at C$0.08.
Southern Energy Stock Down 18.8 %
The firm has a market capitalization of C$10.82 million, a PE ratio of -0.15 and a beta of 1.17. The company has a fifty day moving average price of C$0.13 and a 200-day moving average price of C$0.12. The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37.
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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