Southern Empire Resources (CVE:SMP) Trading Up 30% – Here’s Why

by · The Cerbat Gem

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

Southern Empire Resources Price Performance

The firm has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.04. The stock has a market capitalization of C$4.52 million, a P/E ratio of -0.36 and a beta of 1.20.

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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