Southern Empire Resources (CVE:SMP) Shares Up 28.6% – Here’s Why

Southern Empire Resources Corp. (CVE:SMPGet Free Report) traded up 28.6% during trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. 119,895 shares changed hands during trading, a decline of 25% from the average session volume of 160,473 shares. The stock had previously closed at C$0.04.

Southern Empire Resources Stock Performance

The business has a fifty day moving average of C$0.03 and a two-hundred day moving average of C$0.04. The firm has a market capitalization of C$2.37 million, a price-to-earnings ratio of -0.70 and a beta of 1.23.

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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