Southern Energy Corp. (CVE:SOU – Get Free Report)’s share price dropped 15.4% during trading on Thursday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 313,500 shares traded hands during trading, an increase of 78% from the average daily volume of 175,775 shares. The stock had previously closed at C$0.13.
Southern Energy Price Performance
The company has a 50 day moving average of C$0.13 and a 200 day moving average of C$0.13. The firm has a market cap of C$18.32 million, a price-to-earnings ratio of -0.26 and a beta of 1.17. The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68.
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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