Southern Energy (CVE:SOU) Trading 15.4% Higher – What’s Next?

Southern Energy Corp. (CVE:SOUGet Free Report)’s stock price shot up 15.4% during trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. 923,752 shares changed hands during mid-day 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 firm has a market cap of C$23.54 million, a PE ratio of -1.40 and a beta of -0.21. The firm has a fifty day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.06. The company has a debt-to-equity ratio of 103.68, a quick ratio of 2.59 and a current ratio of 0.37.

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.

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