Southern Energy Corp. (CVE:SOU – Get Free Report) shares were down 15.8% during mid-day trading on Friday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 571,250 shares changed hands during mid-day 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 Performance
The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68. The firm has a market capitalization of C$13.32 million, a price-to-earnings ratio of -0.19 and a beta of 1.17. The stock’s 50 day moving average price is C$0.13 and its two-hundred day moving average price is C$0.13.
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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