Southern Energy (CVE:SOU) Reaches New 1-Year Low – Here’s Why

Southern Energy Corp. (CVE:SOU – Get Free Report) reached a new 52-week low during trading on Tuesday. The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 31000 shares trading hands. The stock had previously closed at C$0.06.

Southern Energy Stock Performance

The company’s fifty day moving average price is C$0.07 and its two-hundred day moving average price is C$0.07. The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37. The firm has a market capitalization of C$21.98 million, a PE ratio of -3.00 and a beta of -1.09.

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. 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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