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Southern Energy shares jumped 15.4% to C$0.08 on volume surge, but reason for rise remains unknown.
Southern Energy (CVE:SOU) shares rose 15.4% on Thursday, closing at C$0.08, after a surge in trading volume.
The stock reached a high of C$0.08, with a market cap of C$25.22 million.
The company, formerly Standard Exploration Ltd., operates oil and gas assets in Mississippi.
Financial metrics include a negative P/E ratio of -1.50, a debt-to-equity ratio of 103.68, and 50-day and 200-day moving averages both at C$0.06.
The reason for the price increase was not disclosed.
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Las acciones de Southern Energy subieron un 15,4% a C $ 0,08 en aumento de volumen, pero la razón del aumento sigue siendo desconocida.