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flag Shares of Southern Energy Corp. plummeted 15.8%, closing at C$0.08, amid surging trading volume.

flag Shares of Southern Energy Corp. (CVE:SOU), a Canadian oil and natural gas exploration company, dropped 15.8% on Thursday, closing at C$0.08. flag Trading volume surged 265% to 571,250 shares. flag The company has a market cap of C$13.32 million, with a PE ratio of -0.19 and a high debt-to-equity ratio of 103.68. flag Despite the decline, its 50-day and 200-day moving averages remain at C$0.13.

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