Southern Energy Corp. (CVE:SOU – Get Free Report) shares were up 15.4% on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 794,752 shares traded hands during trading, an increase of 159% from the average daily volume of 306,661 shares. The stock had previously closed at C$0.07.
Southern Energy Stock Up 15.4%
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 firm’s 50-day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.06. The company has a market capitalization of C$25.22 million, a price-to-earnings ratio of -1.50 and a beta of -0.21.
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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