Southern Energy (CVE:SOU) Stock Price Up 6.3% – Still a Buy?

Southern Energy Corp. (CVE:SOUGet Free Report) shot up 6.3% on Friday . The stock traded as high as C$0.17 and last traded at C$0.17. 42,000 shares were traded during trading, a decline of 73% from the average session volume of 158,390 shares. The stock had previously closed at C$0.16.

Southern Energy Trading Up 6.3 %

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 capitalization of C$28.31 million, a PE ratio of -0.40 and a beta of 1.17. The business’s 50-day moving average is C$0.11 and its two-hundred day moving average is C$0.14.

Southern Energy Company Profile

(Get Free Report)

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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