Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) were down 18.8% during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 1,032,585 shares traded hands during trading, an increase of 485% from the average daily volume of 176,654 shares. The stock had previously closed at C$0.08.
Southern Energy Stock 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 firm has a fifty day simple moving average of C$0.12 and a 200 day simple moving average of C$0.12. The company has a market cap of C$11.66 million, a price-to-earnings ratio of -0.16 and a beta of 1.17.
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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