Southern Empire Resources (CVE:SMP) Stock Price Up 50% – Still a Buy?

by · The Cerbat Gem

Southern Empire Resources Corp. (CVE:SMP – Get Free Report) shot up 50% during mid-day trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. 340,499 shares were traded during mid-day trading, an increase of 38% from the average session volume of 246,999 shares. The stock had previously closed at C$0.02.

Southern Empire Resources Stock Up 16.7 %

The firm has a market capitalization of C$2.37 million, a price-to-earnings ratio of -0.70 and a beta of 1.23. The business has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.05.

Southern Empire Resources Company Profile

(Get Free Report)

Southern Empire Resources Corp. engages in the acquisition, exploration, and development of metals and mineral resources in North America. It explores for gold deposits. The company was formerly known as Owl Capital Corp. and changed its name to Southern Empire Resources Corp. in March 2018. Southern Empire Resources Corp.

Featured Stories