Southern Empire Resources (CVE:SMP) Trading 38.5% Higher – What’s Next?

by · The Cerbat Gem

Southern Empire Resources Corp. (CVE:SMP – Get Free Report) rose 38.5% during mid-day trading on Friday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 167,006 shares were traded during mid-day trading, an increase of 144% from the average daily volume of 68,392 shares. The stock had previously closed at C$0.07.

Southern Empire Resources Stock Performance

The firm has a market capitalization of C$6.26 million, a P/E ratio of -0.50 and a beta of 2.73. The firm has a 50 day moving average price of C$0.06 and a two-hundred day moving average price of C$0.05.

About Southern Empire Resources

(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. was incorporated in 2017 and is headquartered in Vancouver, Canada.

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