Southern Empire Resources (CVE:SMP) Trading 38.5% Higher – Still a Buy?

Shares of Southern Empire Resources Corp. (CVE:SMP – Get Free Report) shot up 38.5% on Friday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 167,006 shares traded hands during 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 Price Performance

The company has a market cap of C$6.26 million, a price-to-earnings ratio of -0.50 and a beta of 2.73. The stock has a 50-day moving average price of C$0.06 and a 200 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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