Southern Energy (CVE:SOU) Shares Down 15.8% – Should You Sell?

Southern Energy Corp. (CVE:SOUGet Free Report) traded down 15.8% during trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. 571,250 shares traded hands during trading, an increase of 256% from the average session volume of 160,260 shares. The stock had previously closed at C$0.10.

Southern Energy Price Performance

The firm has a 50 day moving average price of C$0.13 and a two-hundred day moving average price of C$0.13. The company has a market cap of C$13.32 million, a P/E ratio of -0.19 and a beta of 1.17. The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37.

Southern Energy Company Profile

(Get Free Report)

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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