Southern Empire Resources (CVE:SMP) Trading Down 26.7% – Should You Sell?

by · The Markets Daily

Southern Empire Resources Corp. (CVE:SMP – Get Free Report)’s stock price traded 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. 132,162 shares traded hands during mid-day trading, an increase of 105% from the average session 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$3.48 million, a price-to-earnings ratio of -0.28 and a beta of 1.20. The firm has a fifty day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.04.

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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