Southern Energy Corp. (CVE:SOU – Get Free Report) shares shot up 15.4% during mid-day trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. 923,752 shares traded hands during 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 Price Performance
The stock’s fifty day moving average price is C$0.06 and its 200-day moving average price is 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 current ratio of 0.37 and a quick ratio of 2.59.
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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