Southern Empire Resources (CVE:SMP) Shares Down 18.8% – Time to Sell?

Southern Empire Resources Corp. (CVE:SMPGet Free Report) was down 18.8% during trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 611,900 shares were traded during trading, an increase of 877% from the average daily volume of 62,601 shares. The stock had previously closed at C$0.08.

Southern Empire Resources Price Performance

The stock has a market cap of C$4.52 million, a PE ratio of -0.36 and a beta of 1.20. The company’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.04.

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. was incorporated in 2017 and is headquartered in Vancouver, Canada.

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