Southern Energy Corp. (CVE:SOU – Get Free Report) shares dropped 13.8% during trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 370,260 shares traded hands during trading, an increase of 155% from the average daily volume of 145,098 shares. The stock had previously closed at C$0.15.
Southern Energy Trading Down 3.4 %
The company has a debt-to-equity ratio of 103.68, a current ratio of 0.37 and a quick ratio of 2.59. The company has a market capitalization of C$23.31 million, a price-to-earnings ratio of -0.33 and a beta of 1.17. The business’s 50-day moving average price is C$0.12 and its two-hundred day moving average price is C$0.14.
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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