Southern Energy Corp. (CVE:SOU – Get Free Report) shares fell 15.8% during trading on Thursday . The company traded as low as C$0.08 and last traded at C$0.08. 571,250 shares were traded during mid-day trading, an increase of 265% from the average session volume of 156,697 shares. The stock had previously closed at C$0.10.
Southern Energy Stock Performance
The firm has a market cap of C$13.32 million, a price-to-earnings ratio of -0.19 and a beta of 1.17. The stock’s 50 day moving average is C$0.13 and its 200 day moving average is C$0.13. The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68.
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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