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

Shares of Southern Energy Corp. (CVE:SOUGet Free Report) traded down 18.8% on Tuesday . The company traded as low as C$0.06 and last traded at C$0.07. 1,822,310 shares were traded during 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 Up 7.1 %

The company’s 50 day moving average price is C$0.12 and its two-hundred day moving average price is C$0.12. The firm has a market cap of C$12.49 million, a PE ratio of -0.17 and a beta of 1.17. 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

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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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