Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) fell 13.8% during trading on Thursday . The company traded as low as C$0.13 and last traded at C$0.13. 370,260 shares were traded during 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 Price Performance
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 company has a market capitalization of C$23.31 million, a P/E ratio of -0.33 and a beta of 1.17. The firm’s fifty day moving average is C$0.12 and its 200 day moving average is C$0.14.
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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