Southern Empire Resources (CVE:SMP) Stock Price Up 28.6% – Time to Buy?

Southern Empire Resources Corp. (CVE:SMPGet Free Report)’s share price shot up 28.6% during mid-day trading on Tuesday . The company 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 stock’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04. The firm has a market capitalization of C$3.04 million, a PE ratio of -0.90 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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