Southern Energy Corp. (CVE:SOU – Get Free Report) was down 15.8% during mid-day trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 571,250 shares were traded 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 firm’s 50-day moving average price is C$0.13 and its 200 day moving average price is C$0.13. The company has a market cap of C$13.32 million, a price-to-earnings ratio of -0.19 and a beta of 1.17. The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37.
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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