Southern Energy Corp. (CVE:SOU – Get Free Report)’s share price fell 18.8% during mid-day trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.07. 1,822,310 shares changed 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 business’s 50 day simple moving average is C$0.12 and its 200 day simple moving average 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 company has a market capitalization of C$12.49 million, a price-to-earnings 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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