Southern Empire Resources (CVE:SMP) Trading Up 30% – Here’s Why
by Doug Wharley · The Cerbat GemSouthern Empire Resources Corp. (CVE:SMP – Get Free Report) traded 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 changed hands during 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 Stock Up 30.0%
The company has a market cap of C$4.52 million, a P/E ratio of -0.36 and a beta of 1.20. The stock’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.04.
Southern Empire Resources Company Profile
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.