Southern Energy Corp. (CVE:SOU – Get Free Report) was down 13.8% during mid-day trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 370,260 shares were traded during mid-day trading, an increase of 155% from the average daily volume of 145,098 shares. The stock had previously closed at C$0.15.
Southern Energy Stock 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 cap of C$22.48 million, a price-to-earnings ratio of -0.31 and a beta of 1.17. The firm’s 50-day moving average price is C$0.12 and its 200 day moving average price is C$0.14.
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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