Southern Energy (CVE:SOU) Hits New 12-Month Low – Should You Sell?

Southern Energy Corp. (CVE:SOU – Get Free Report)’s share price hit a new 52-week low on Wednesday. The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 117,757 shares traded. The stock had previously closed at C$0.06.

Southern Energy Stock Performance

The stock has a market cap of C$21.98 million, a P/E ratio of -3.00 and a beta of -0.97. 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 stock has a 50-day simple moving average of C$0.07 and a 200-day simple moving average of C$0.07.

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. 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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