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

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 589497 shares traded. The stock had previously closed at C$0.06.

Southern Energy Price Performance

The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37. The company’s fifty day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.08. The stock has a market capitalization of C$21.98 million, a PE ratio of -3.00 and a beta of -1.09.

Southern Energy Company Profile

(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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