Southern Energy Corp. (CVE:SOU – Get Free Report) shares fell 15.8% on Friday . The stock traded as low as C$0.08 and last traded at C$0.08. 571,250 shares were traded during 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 Stock Performance
The business’s 50-day simple moving average is C$0.13 and its 200 day simple moving average is C$0.13. The firm has a market cap of C$13.32 million, a P/E 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.
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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