Southern Energy (CVE:SOU) Stock Price Down 15.8% – Here’s What Happened

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price fell 15.8% on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08. 385,250 shares were traded during mid-day trading, an increase of 146% from the average session volume of 156,385 shares. The stock had previously closed at C$0.10.

Southern Energy Trading Down 15.8 %

The stock’s 50-day simple moving average is C$0.13 and its 200-day simple moving average is 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. The firm has a market capitalization of C$13.32 million, a PE ratio of -0.19 and a beta of 1.17.

Southern Energy Company Profile

(Get Free Report)

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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