Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) fell 19% during mid-day trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09. 110,094 shares were traded during mid-day trading, a decline of 33% from the average session volume of 163,658 shares. The stock had previously closed at C$0.11.
Southern Energy Trading Down 4.8 %
The firm has a fifty day moving average of C$0.13 and a 200 day moving average of C$0.13. The firm has a market capitalization of C$16.65 million, a PE ratio of -0.23 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.
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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