Southern Energy (CVE:SOU) Sets New 12-Month Low – Here’s Why

Shares of Southern Energy Corp. (CVE:SOUGet Free Report) reached a new 52-week low on Monday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 86500 shares traded. The stock had previously closed at C$0.06.

Southern Energy Stock Up 9.1%

The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68. The stock has a market cap of C$9.99 million, a P/E ratio of -0.14 and a beta of 1.17. The firm has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.10.

About Southern Energy

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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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