Southern Energy (CVE:SOU) Stock Price Down 18.8% – What’s Next?

Southern Energy Corp. (CVE:SOUGet Free Report)’s share price fell 18.8% during trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.07. 1,822,310 shares changed hands during mid-day trading, an increase of 839% from the average session volume of 194,074 shares. The stock had previously closed at C$0.08.

Southern Energy Trading Down 18.8 %

The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68. The firm has a 50 day moving average of C$0.13 and a 200 day moving average of C$0.12. The firm has a market cap of C$10.82 million, a PE ratio of -0.15 and a beta of 1.17.

Southern Energy Company Profile

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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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