Southern Energy Corp. (CVE:SOU – Get Free Report)’s stock price traded down 17.4% during trading on Monday . The stock traded as low as C$0.10 and last traded at C$0.10. 1,368,644 shares traded hands during mid-day trading, an increase of 220% from the average session volume of 427,620 shares. The stock had previously closed at C$0.12.
Southern Energy Trading Down 10.5%
The firm has a market cap of C$31.13 million, a P/E ratio of -2.83 and a beta of -0.68. The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68. The company’s fifty day moving average price is C$0.07 and its two-hundred day moving average price is C$0.07.
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. and changed its name to Southern Energy Corp. in January 2019. Southern Energy Corp. was incorporated in 2008 and is headquartered in Calgary, Canada.
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