Southern Empire Resources (CVE:SMP) Stock Price Down 20% – Here’s What Happened

Southern Empire Resources Corp. (CVE:SMPGet Free Report) traded down 20% during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 153,500 shares traded hands during trading, an increase of 154% from the average session volume of 60,346 shares. The stock had previously closed at C$0.03.

Southern Empire Resources Stock Performance

The stock has a market cap of C$2.03 million, a PE ratio of -0.60 and a beta of 1.23. The company’s 50-day moving average price is C$0.03 and its 200 day moving average price is C$0.05.

About Southern Empire Resources

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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.

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