Southern Energy Corp. (CVE:SOU – Get Free Report) shares fell 12.5% during mid-day trading on Tuesday . The company traded as low as C$0.07 and last traded at C$0.07. 625,000 shares were traded during trading, an increase of 295% from the average session volume of 158,362 shares. The stock had previously closed at C$0.08.
Southern Energy Price Performance
The firm has a market capitalization of C$11.66 million, a PE ratio of -0.16 and a beta of 1.17. 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 business’s 50 day moving average is C$0.12 and its two-hundred day moving average is C$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.
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