Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) traded down 12.5% during mid-day trading on Tuesday . The stock 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 Stock Up 7.7 %
The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68. The stock has a 50-day simple moving average of C$0.12 and a 200-day simple moving average of C$0.12. The firm has a market capitalization of C$11.66 million, a PE ratio of -0.16 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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