Southern Energy (CVE:SOU) Shares Up 15.4% – Should You Buy?

Southern Energy Corp. (CVE:SOUGet Free Report) traded up 15.4% on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. 923,752 shares were traded during mid-day trading, an increase of 199% from the average session volume of 308,887 shares. The stock had previously closed at C$0.07.

Southern Energy Stock Down 6.7%

The stock has a fifty day moving average price of C$0.06 and a 200-day moving average price of C$0.06. The firm has a market cap of C$23.54 million, a PE ratio of -1.40 and a beta of -0.21. The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37.

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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