Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) were down 15.8% during 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 trading, an increase of 265% from the average daily volume of 156,697 shares. The stock had previously closed at C$0.10.
Southern Energy Trading Down 15.8 %
The firm has a market capitalization of C$13.32 million, a PE ratio of -0.19 and a beta of 1.17. The company’s 50-day simple moving average is C$0.13 and its 200 day simple moving average is C$0.13. The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68.
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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