Southern Energy (CVE:SOU) Shares Down 15.8% – What’s Next?

Southern Energy Corp. (CVE:SOU – Get Free Report)’s share price fell 15.8% during trading on Thursday . 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 stock has a market capitalization of C$13.32 million, a price-to-earnings ratio of -0.19 and a beta of 1.17. 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 firm has a fifty day moving average of C$0.13 and a 200 day moving average of C$0.13.

About Southern Energy

(Get Free Report)

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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