Shares of Southern Energy Corp. (CVE:SOU – Get Free Report) traded down 15.8% during trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. 571,250 shares traded hands during mid-day trading, an increase of 256% from the average session volume of 160,260 shares. The stock had previously closed at C$0.10.
Southern Energy Price Performance
The business’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 quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68. The company has a market capitalization of C$13.32 million, a P/E ratio of -0.19 and a beta of 1.17.
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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