Shares of Southern Empire Resources Corp. (CVE:SMP – Get Free Report) rose 50% during trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 340,499 shares changed hands during mid-day trading, an increase of 38% from the average daily volume of 246,999 shares. The stock had previously closed at C$0.02.
Southern Empire Resources Stock Performance
The company has a market capitalization of C$2.37 million, a price-to-earnings ratio of -0.70 and a beta of 1.23. The business’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.05.
About Southern Empire Resources
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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