Southern Energy Corp. (CVE:SOU – Get Free Report)’s share price was down 18.8% during mid-day trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.07. Approximately 1,822,310 shares were traded during 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 Trading Up 7.1 %
The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68. The business has a 50 day moving average price of C$0.12 and a 200-day moving average price of C$0.12. The company has a market cap of C$12.49 million, a P/E ratio of -0.17 and a beta of 1.17.
Southern Energy Company Profile
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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