Southern Energy (CVE:SOU) Hits New 52-Week Low at $0.16

Southern Energy Corp. (CVE:SOU) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.16 and last traded at C$0.16, with a volume of 27397 shares changing hands. The stock had previously closed at C$0.16.

Southern Energy Price Performance

The stock has a 50-day moving average price of C$0.19 and a two-hundred day moving average price of C$0.19. The company has a current ratio of 0.37, a quick ratio of 2.59 and a debt-to-equity ratio of 79.94. The stock has a market cap of C$25.69 million, a price-to-earnings ratio of -0.36 and a beta of 1.19.

Southern Energy (CVE:SOU) last released its earnings results on Tuesday, May 28th. The company reported C($0.03) earnings per share for the quarter. The business had revenue of C$6.46 million for the quarter. As a group, equities research analysts forecast that Southern Energy Corp. will post 0.1117318 EPS for the current year.

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.