Southern Energy Corp. (CVE:SOU – Get Free Report) shares were up 15.4% during mid-day trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 190,944 shares traded hands during trading, a decline of 2% from the average daily volume of 194,014 shares. The stock had previously closed at C$0.07.
Southern Energy Trading Up 7.1 %
The business’s 50-day moving average price is C$0.12 and its two-hundred day moving average price is C$0.12. 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 firm has a market cap of C$12.49 million, a price-to-earnings ratio of -0.17 and a beta of 1.17.
About Southern Energy
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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