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

Southern Empire Resources Corp. (CVE:SMPGet Free Report)’s share price traded up 50% on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 340,499 shares changed hands during 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 Up 16.7 %

The stock has a fifty day moving average price of C$0.03 and a two-hundred day moving average price of C$0.05. 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.

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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