Southern Empire Resources (CVE:SMP) Stock Price Up 30% – Time to Buy?

Southern Empire Resources Corp. (CVE:SMP – Get Free Report)’s stock price rose 30% on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 121,000 shares traded hands during mid-day trading, an increase of 81% from the average daily volume of 66,676 shares. The stock had previously closed at C$0.05.

Southern Empire Resources Price Performance

The company has a market cap of C$4.52 million, a price-to-earnings ratio of -0.36 and a beta of 1.20. The firm has a 50 day simple moving average of C$0.05 and a 200-day simple moving average of 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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