Southern Energy Corp. (CVE:SOU – Get Free Report)’s stock price dropped 18.8% during mid-day trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.07. Approximately 1,822,310 shares traded hands during mid-day 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 Stock Performance
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 stock has a market cap of C$12.49 million, a price-to-earnings ratio of -0.17 and a beta of 1.17. The stock has a fifty day simple moving average of C$0.12 and a two-hundred day simple moving average of C$0.12.
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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