Southern Empire Resources (CVE:SMP) Trading 50% Higher – Still a Buy?

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

Southern Empire Resources Stock Performance

The stock has a fifty day moving average price of C$0.03 and a 200-day moving average price of C$0.05. The firm has a market cap of C$2.37 million, a PE 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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