Southern Energy (CVE:SOU) Sets New 52-Week Low – Time to Sell?

Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 31000 shares. The stock had previously closed at C$0.06.

Southern Energy Price Performance

The stock has a market capitalization of C$21.98 million, a price-to-earnings ratio of -3.00 and a beta of -1.09. The company has a 50 day moving average of C$0.07 and a 200 day moving average of C$0.07. The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68.

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. and changed its name to Southern Energy Corp. in January 2019. Southern Energy Corp. was incorporated in 2008 and is headquartered in Calgary, Canada.

Further Reading

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