Southern Energy Corp. (CVE:SOU – Get Free Report) dropped 18.8% during mid-day trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.07. Approximately 1,822,310 shares changed hands during 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 Up 7.1 %
The stock has a market capitalization of C$12.49 million, a P/E ratio of -0.17 and a beta of 1.17. The business has a 50 day simple moving average of C$0.12 and a 200-day simple moving average of C$0.12. The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37.
Southern Energy Company Profile
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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