Southern Energy (CVE:SOU) Trading Up 15.4% – Here’s What Happened

by · The Cerbat Gem

Southern Energy Corp. (CVE:SOU – Get Free Report)’s share price traded up 15.4% on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. 120,752 shares changed hands during trading, a decline of 60% from the average session volume of 304,926 shares. The stock had previously closed at C$0.07.

Southern Energy Stock Performance

The company has a market capitalization of C$23.54 million, a P/E ratio of -1.40 and a beta of -0.21. The stock’s fifty day moving average price is C$0.06 and its 200-day moving average price is C$0.06. The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37.

Southern Energy Company Profile

(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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