Southern Empire Resources (CVE:SMP) Trading 50% Higher – Time to Buy?

Southern Empire Resources Corp. (CVE:SMPGet Free Report) shares rose 50% on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 340,499 shares were traded 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 50.0 %

The business’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.05. The stock has a market capitalization of C$2.03 million, a P/E ratio of -0.60 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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