Southern Energy (CVE:SOU) Shares Up 15.4% – Still a Buy?

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price shot up 15.4% during trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 190,944 shares traded hands during trading, a decline of 2% from the average session volume of 194,014 shares. The stock had previously closed at C$0.07.

Southern Energy Price Performance

The stock’s 50-day moving average is C$0.13 and its 200 day moving average is C$0.12. The company has a debt-to-equity ratio of 103.68, a current ratio of 0.37 and a quick ratio of 2.59. The company has a market cap of C$12.49 million, a PE ratio of -0.17 and a beta of 1.17.

About Southern Energy

(Get Free Report)

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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