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

Southern Energy Corp. (CVE:SOU – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday. The stock 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 Price Performance

The stock has a market cap of C$21.98 million, a price-to-earnings ratio of -3.00 and a beta of -0.97. The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 103.68. The stock’s 50-day moving average price is C$0.07 and its 200-day moving average price is C$0.07.

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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