Southern Energy Corp. (CVE:SOU – Get Free Report)’s stock price was down 11.8% during mid-day trading on Monday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 282,172 shares were traded during trading, a decline of 18% from the average daily volume of 345,234 shares. The stock had previously closed at C$0.09.
Southern Energy Stock Performance
The business has a 50-day simple moving average of C$0.07 and a 200 day simple moving average of C$0.06. 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 firm has a market cap of C$30.26 million, a PE ratio of -3.00 and a beta of -0.12.
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. and changed its name to Southern Energy Corp. in January 2019. Southern Energy Corp. was incorporated in 2008 and is headquartered in Calgary, Canada.
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