Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) traded down 18.8% on Tuesday . The company traded as low as C$0.06 and last traded at C$0.07. 1,822,310 shares were traded during mid-day trading, an increase of 839% from the average session volume of 194,074 shares. The stock had previously closed at C$0.08.
Southern Energy Price Performance
The stock has a market cap of C$10.82 million, a price-to-earnings ratio of -0.15 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. The company has a 50-day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.12.
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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