Southern Empire Resources (CVE:SMP) Trading Up 38.5% – Still a Buy?
by Jessica Moore · The Cerbat GemSouthern Empire Resources Corp. (CVE:SMP – Get Free Report)’s share price shot up 38.5% during mid-day trading on Saturday . The stock traded as high as C$0.09 and last traded at C$0.09. 167,006 shares traded hands during trading, an increase of 144% from the average session volume of 68,392 shares. The stock had previously closed at C$0.07.
Southern Empire Resources Trading Up 38.5%
The company has a market capitalization of C$6.26 million, a price-to-earnings ratio of -0.50 and a beta of 2.73. The firm’s fifty day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.05.
About Southern Empire Resources
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.