Southern Empire Resources (CVE:SMP) Trading 38.5% Higher – Should You Buy?

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

Southern Empire Resources Price Performance

The firm has a fifty day moving average of C$0.06 and a 200 day moving average of C$0.05. The stock has a market cap of C$6.26 million, a price-to-earnings ratio of -0.50 and a beta of 2.73.

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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