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

Shares of Southern Energy Corp. (CVE:SOUGet Free Report) traded down 15.8% during trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. 571,250 shares were traded during mid-day trading, an increase of 256% from the average session volume of 160,260 shares. The stock had previously closed at C$0.10.

Southern Energy Price Performance

The company has a debt-to-equity ratio of 103.68, a current ratio of 0.37 and a quick ratio of 2.59. The business has a 50 day moving average of C$0.13 and a 200 day moving average of C$0.13. The company has a market cap of C$13.32 million, a PE ratio of -0.19 and a beta of 1.17.

Southern Energy Company Profile

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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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