Southern Empire Resources (CVE:SMP) Stock Price Down 20% – Should You Sell?

Southern Empire Resources Corp. (CVE:SMPGet Free Report) traded down 20% during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 153,500 shares were traded during mid-day 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 Price Performance

The business has a 50 day simple moving average of C$0.03 and a 200 day simple moving average of C$0.05. The company has a market capitalization of C$1.35 million, a price-to-earnings ratio of -0.40 and a beta of 1.23.

Southern Empire Resources Company Profile

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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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