Southern Energy (SOU) Stock Price Down 6.9%

Southern Energy Corp. (CVE:SOU) shares were down 6.9% during mid-day trading on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.14. Approximately 193,000 shares changed hands during mid-day trading, a decline of 9% from the average daily volume of 212,164 shares. The stock had previously closed at C$0.15.

The company has a market cap of $28.61 million and a PE ratio of -1.63. The company has a debt-to-equity ratio of 111.09, a quick ratio of 0.55 and a current ratio of 0.57.

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About Southern Energy (CVE:SOU)

Southern Energy Corp. engages in the exploration, development, and production of petroleum and natural gas in Canada. It has interest in the Chin Coulee producing oil property located in Alberta. The company was formerly known as Standard Exploration Ltd. and changed its name to Southern Energy Corp.

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