Southern Energy Corp. (CVE:SOU – Get Free Report) fell 18.8% during trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.07. 1,822,310 shares changed hands during trading, an increase of 839% from the average session volume of 194,074 shares. The stock had previously closed at C$0.08.
Southern Energy Stock Down 18.8 %
The company has a market capitalization of C$10.82 million, a PE ratio of -0.15 and a beta of 1.17. The stock’s fifty day moving average is C$0.13 and its two-hundred day moving average is C$0.12. The company has a current ratio of 0.37, a quick ratio of 2.59 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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