Southern Energy Corp. (CVE:SOU – Get Free Report)’s share price fell 18.8% on Tuesday . The company traded as low as C$0.06 and last traded at C$0.07. 1,822,310 shares traded hands during trading, an increase of 839% from the average session volume of 194,074 shares. The stock had previously closed at C$0.08.
Southern Energy Trading Up 7.1 %
The firm has a fifty day moving average of C$0.12 and a 200-day moving average of C$0.12. The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37. The stock has a market capitalization of C$12.49 million, a price-to-earnings ratio of -0.17 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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