Southern Energy Corp. (CVE:SOU – Get Free Report) shares were down 12.5% on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 1,036,310 shares changed hands during mid-day trading, an increase of 480% from the average daily volume of 178,662 shares. The stock had previously closed at C$0.08.
Southern Energy Stock Down 18.8 %
The firm’s fifty day moving average price is C$0.13 and its two-hundred day moving average price 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 stock has a market cap of C$10.82 million, a price-to-earnings ratio of -0.15 and a beta of 1.17.
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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