Southern Empire Resources (CVE:SMP) Trading Down 18.8% – Here’s What Happened

by · The Markets Daily

Southern Empire Resources Corp. (CVE:SMP – Get Free Report)’s share price traded down 18.8% during mid-day trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.07. 618,900 shares were traded during trading, an increase of 874% from the average session volume of 63,540 shares. The stock had previously closed at C$0.08.

Southern Empire Resources Trading Down 18.8%

The firm has a market cap of C$4.52 million, a price-to-earnings ratio of -0.36 and a beta of 1.20. The stock’s fifty day moving average price is C$0.05 and its 200-day moving average price is C$0.04.

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

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