Southern Empire Resources Corp. (CVE:SMP – Get Free Report)’s stock price dropped 18.8% during mid-day trading on Monday . The company traded as low as C$0.06 and last traded at C$0.07. Approximately 618,900 shares were traded during mid-day trading, an increase of 874% from the average daily volume of 63,540 shares. The stock had previously closed at C$0.08.
Southern Empire Resources Stock Down 18.8%
The company has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.04. The stock has a market capitalization of C$4.52 million, a price-to-earnings ratio of -0.36 and a beta of 1.20.
About Southern Empire Resources
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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