Southern Energy Corp. (CVE:SOU – Get Free Report) shares rose 6.3% on Friday . The company traded as high as C$0.17 and last traded at C$0.17. Approximately 42,000 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 158,390 shares. The stock had previously closed at C$0.16.
Southern Energy Stock Up 6.3 %
The firm’s 50 day simple moving average is C$0.11 and its 200-day simple moving average is C$0.14. 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$28.31 million, a price-to-earnings ratio of -0.40 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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