Southern Energy (CVE:SOU) Stock Price Up 6.3% – Should You Buy?

Southern Energy Corp. (CVE:SOU) shares traded up 6.3% on Friday . The company traded as high as C$0.17 and last traded at C$0.17. 42,000 shares traded hands during mid-day 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 Price Performance

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 cap of C$28.31 million, a PE ratio of -0.40 and a beta of 1.17. The stock has a 50 day moving average of C$0.11 and a two-hundred day moving average of 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.