Southern Empire Resources (CVE:SMP) Trading 38.5% Higher – Here’s What Happened
by Mitch Edgeman · The Markets DailySouthern Empire Resources Corp. (CVE:SMP – Get Free Report) shares rose 38.5% on Saturday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 167,006 shares were traded during trading, an increase of 144% from the average daily volume of 68,392 shares. The stock had previously closed at C$0.07.
Southern Empire Resources Stock Performance
The company has a 50 day moving average of C$0.06 and a 200 day moving average of C$0.05. The firm has a market cap of C$6.26 million, a P/E ratio of -0.50 and a beta of 2.73.
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.