Southern Empire Resources (CVE:SMP) Trading Down 26.7% – Time to Sell?

by · The Markets Daily

Southern Empire Resources Corp. (CVE:SMP – Get Free Report) was down 26.7% during mid-day trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.06. Approximately 132,162 shares were traded during trading, an increase of 105% from the average daily volume of 64,614 shares. The stock had previously closed at C$0.08.

Southern Empire Resources Price Performance

The firm has a market cap of C$3.83 million, a P/E ratio of -0.31 and a beta of 1.20. The firm’s 50 day moving average is C$0.05 and its 200 day moving average is 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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