Southern Empire Resources (CVE:SMP) Shares Down 20% – Time to Sell?

Southern Empire Resources Corp. (CVE:SMPGet Free Report) fell 20% during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 218,750 shares changed hands during mid-day trading, an increase of 458% from the average session volume of 39,213 shares. The stock had previously closed at C$0.03.

Southern Empire Resources Price Performance

The company has a market cap of C$1.35 million, a PE ratio of -0.40 and a beta of 1.23. The firm has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.06.

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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