Southern Empire Resources (CVE:SMP) Stock Price Up 50% – Here’s Why

Southern Empire Resources Corp. (CVE:SMPGet Free Report)’s share price was up 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 firm has a market cap of C$2.03 million, a P/E ratio of -0.60 and a beta of 1.23. The stock has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.05.

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.

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