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

Southern Empire Resources Corp. (CVE:SMPGet Free Report) shot up 50% during mid-day trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. 340,499 shares were traded during trading, an increase of 38% from the average session volume of 246,999 shares. The stock had previously closed at C$0.02.

Southern Empire Resources Stock Performance

The stock’s fifty day moving average is C$0.03 and its 200 day moving average is C$0.05. The stock has a market cap of C$2.03 million, a P/E ratio of -0.60 and a beta of 1.23.

About Southern Empire Resources

(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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