Southern Empire Resources (CVE:SMP) Trading Up 50% – What’s Next?

Southern Empire Resources Corp. (CVE:SMPGet 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 210,999 shares were traded during trading, an increase of 16% from the average daily volume of 182,249 shares. The stock had previously closed at C$0.02.

Southern Empire Resources Stock Performance

The firm has a market capitalization of C$2.37 million, a PE ratio of -0.70 and a beta of 1.23. The company’s fifty day moving average price is C$0.03 and its two-hundred day moving average price is 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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