Southern Energy Corp. (CVE:SOU – Get Free Report) dropped 15.4% on Thursday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 313,500 shares changed hands during mid-day trading, an increase of 78% from the average daily volume of 175,775 shares. The stock had previously closed at C$0.13.
Southern Energy Price Performance
The company has a market cap of C$18.32 million, a P/E ratio of -0.26 and a beta of 1.17. The company has a fifty day moving average price of C$0.13 and a two-hundred day moving average price of C$0.13. The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37.
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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