Southern Energy Corp. (CVE:SOU – Get Free Report)’s stock price rose 15.4% during mid-day trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 923,752 shares traded hands during mid-day trading, an increase of 199% from the average daily volume of 308,887 shares. The stock had previously closed at C$0.07.
Southern Energy Stock Performance
The company has a debt-to-equity ratio of 103.68, a current ratio of 0.37 and a quick ratio of 2.59. The stock has a 50-day moving average price of C$0.06 and a 200-day moving average price of C$0.06. The company has a market capitalization of C$23.54 million, a price-to-earnings ratio of -1.40 and a beta of -0.21.
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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