Southern Energy Corp. (CVE:SOU – Get Free Report)’s share price hit a new 52-week low on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 589497 shares changing hands. The stock had previously closed at C$0.06.
Southern Energy Stock Down 8.3%
The company has a quick ratio of 2.59, a current ratio of 0.37 and a debt-to-equity ratio of 103.68. The stock has a market capitalization of C$20.14 million, a P/E ratio of -2.75 and a beta of -1.09. The company has a fifty day moving average price of C$0.07 and a 200-day moving average price of C$0.08.
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. 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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