Southern Energy Corp. (CVE:SOU – Get Free Report) shares dropped 15.8% during trading on Thursday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 337,750 shares changed hands during mid-day trading, an increase of 125% from the average daily volume of 150,317 shares. The stock had previously closed at C$0.10.
Southern Energy Stock Down 15.8 %
The company has a market capitalization of C$13.32 million, a P/E ratio of -0.19 and a beta of 1.17. The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68. The stock has a 50 day moving average price of C$0.13 and a 200 day moving average price of C$0.13.
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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