Southern Energy (CVE:SOU) Shares Up 15.4% – Still a Buy?

Southern Energy Corp. (CVE:SOUGet Free Report)’s share price rose 15.4% on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 190,944 shares were traded during trading, a decline of 2% from the average daily volume of 194,014 shares. The stock had previously closed at C$0.07.

Southern Energy Trading Up 15.4 %

The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37. The company has a 50 day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.12. The firm has a market cap of C$12.49 million, a PE ratio of -0.17 and a beta of 1.17.

About Southern Energy

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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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