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

Shares of Southern Empire Resources Corp. (CVE:SMPGet Free Report) were up 50% during mid-day trading on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 340,499 shares traded 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 company has a 50 day moving average of C$0.03 and a 200-day moving average of C$0.05. The stock has a market cap of C$2.37 million, a price-to-earnings ratio of -0.70 and a beta of 1.23.

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.

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