Southern Empire Resources (CVE:SMP) Trading Up 50% – Time to Buy?

by · The Markets Daily

Shares of Southern Empire Resources Corp. (CVE:SMP – Get Free Report) traded up 50% during mid-day trading on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. 340,499 shares changed hands during mid-day trading, an increase of 38% from the average session volume of 246,999 shares. The stock had previously closed at C$0.02.

Southern Empire Resources Price Performance

The firm has a fifty day moving average price of C$0.03 and a 200-day moving average price of C$0.05. The company has a market capitalization of C$2.03 million, a P/E ratio of -0.60 and a beta of 1.23.

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.

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