Southern Energy Corp. (CVE:SOU – Get Free Report) fell 15.8% on Thursday . The company traded as low as C$0.08 and last traded at C$0.08. 351,750 shares changed hands during trading, an increase of 126% from the average session volume of 155,687 shares. The stock had previously closed at C$0.10.
Southern Energy Stock Down 15.8 %
The stock has a 50-day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.13. The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68. The firm has a market cap of C$13.32 million, a PE ratio of -0.19 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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