Southern Empire Resources (CVE:SMP) Stock Price Down 18.8% – Time to Sell?

by · The Cerbat Gem

Southern Empire Resources Corp. (CVE:SMP – Get Free Report)’s stock price fell 18.8% during trading on Monday . The company traded as low as C$0.06 and last traded at C$0.07. 618,900 shares changed hands during mid-day 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 Stock Performance

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 company has a 50 day moving average price of C$0.05 and a 200 day moving average price of C$0.04.

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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