Southern Empire Resources (CVE:SMP) Trading 28.6% Higher – Should You Buy?

Southern Empire Resources Corp. (CVE:SMPGet Free Report)’s share price shot up 28.6% on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. 119,895 shares traded hands during mid-day 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 Price Performance

The company has a market cap of C$2.37 million, a price-to-earnings ratio of -0.70 and a beta of 1.23. The firm has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.04.

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.

Further Reading

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