Southern Energy Corp. (CVE:SOU – Get Free Report)’s share price dropped 12.5% on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 1,036,310 shares changed hands during mid-day trading, an increase of 480% from the average daily volume of 178,662 shares. The stock had previously closed at C$0.08.
Southern Energy Trading Up 7.7 %
The stock has a market cap of C$11.66 million, a price-to-earnings ratio of -0.16 and a beta of 1.17. 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’s 50 day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.12.
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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