Southern Energy Corp. (CVE:SOU – Get Free Report) shares 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 changed hands 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 Stock Performance
The business’s fifty day moving average price is C$0.12 and its 200-day moving average price is C$0.12. 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 stock has a market capitalization of C$12.49 million, a PE 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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