Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) fell 13.8% during mid-day trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. 370,260 shares changed hands during mid-day trading, an increase of 155% from the average session volume of 145,098 shares. The stock had previously closed at C$0.15.
Southern Energy Stock Performance
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 stock has a fifty day moving average price of C$0.12 and a 200-day moving average price of C$0.14. The firm has a market cap of C$23.31 million, a price-to-earnings ratio of -0.33 and a beta of 1.17.
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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