Southern Energy Corp. (CVE:SOU – Get Free Report) dropped 18.8% on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 1,822,310 shares traded hands during mid-day trading, an increase of 839% from the average daily volume of 194,074 shares. The stock had previously closed at C$0.08.
Southern Energy Price Performance
The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37. The business has a 50 day simple moving average of C$0.13 and a 200-day simple moving average of C$0.12. The firm has a market cap of C$10.82 million, a price-to-earnings ratio of -0.15 and a beta of 1.17.
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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