Southern Energy Corp. (CVE:SOU – Get Free Report) shares dropped 18.8% on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 1,822,310 shares were traded during mid-day trading, an increase of 839% from the average daily volume of 194,074 shares. The stock had previously closed at C$0.08.
Southern Energy Trading Down 18.8 %
The firm has a fifty day moving average of C$0.13 and a two-hundred day moving average of C$0.12. The company has a market cap of C$10.82 million, a PE ratio of -0.15 and a beta of 1.17. The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68.
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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