Southern Energy Corp. (CVE:SOU – Get Free Report)’s share price fell 13.8% during trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. 370,260 shares traded hands during mid-day trading, an increase of 155% from the average session volume of 145,098 shares. The stock had previously closed at C$0.15.
Southern Energy Stock Down 3.6 %
The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37. The business’s 50 day moving average price is C$0.12 and its 200 day moving average price is C$0.14. The firm has a market cap of C$22.48 million, a price-to-earnings ratio of -0.31 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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