Southern Empire Resources (CVE:SMP) Trading 50% Higher – Here’s Why

Southern Empire Resources Corp. (CVE:SMPGet Free Report) shares rose 50% during mid-day trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 210,999 shares changed hands during trading, an increase of 17% from the average daily volume of 180,749 shares. The stock had previously closed at C$0.02.

Southern Empire Resources Stock Up 50.0 %

The firm’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.05. The firm has a market capitalization of C$2.03 million, a PE ratio of -0.60 and a beta of 1.23.

Southern Empire Resources Company Profile

(Get Free Report)

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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