Southern Energy (CVE:SOU) Reaches New 52-Week Low – Here’s What Happened

Southern Energy Corp. (CVE:SOUGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 116500 shares. The stock had previously closed at C$0.10.

Southern Energy Price Performance

The company has a fifty day moving average of C$0.14 and a 200 day moving average of C$0.17. The firm has a market capitalization of C$16.65 million, a P/E ratio of -0.23 and a beta of 1.17. The company has a debt-to-equity ratio of 103.68, a current ratio of 0.37 and a quick ratio of 2.59.

Southern Energy (CVE:SOUGet Free Report) last issued its quarterly earnings results on Tuesday, August 20th. The company reported C($0.02) earnings per share (EPS) for the quarter. The business had revenue of C$4.24 million during the quarter. Sell-side analysts predict that Southern Energy Corp. will post 0.0782123 earnings per share for the current year.

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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