Southern Empire Resources (CVE:SMP) Stock Price Up 50% – Time to Buy?

Southern Empire Resources Corp. (CVE:SMPGet Free Report) was up 50% during mid-day trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 320,499 shares were traded during trading, an increase of 40% from the average daily volume of 228,999 shares. The stock had previously closed at C$0.02.

Southern Empire Resources Trading Up 50.0 %

The business has a 50 day moving average price of C$0.03 and a 200-day moving average price of C$0.05. The firm has a market capitalization of C$2.03 million, a PE 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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