Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) were down 15.8% during trading on Thursday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 571,250 shares were traded during trading, an increase of 256% from the average daily volume of 160,260 shares. The stock had previously closed at C$0.10.
Southern Energy Stock Down 15.8 %
The company’s 50-day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.13. The firm has a market capitalization of C$13.32 million, a P/E ratio of -0.19 and a beta of 1.17. The company has a debt-to-equity ratio of 103.68, a current ratio of 0.37 and a quick ratio of 2.59.
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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