Southern Empire Resources (CVE:SMP) Shares Up 33.3% – Still a Buy?

Southern Empire Resources Corp. (CVE:SMPGet Free Report)’s stock price shot up 33.3% on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.02. 125,000 shares changed hands during mid-day trading, an increase of 176% from the average session volume of 45,275 shares. The stock had previously closed at C$0.02.

Southern Empire Resources Trading Down 25.0%

The company has a market capitalization of C$1.01 million, a price-to-earnings ratio of -0.30 and a beta of 1.23. The firm’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.03.

Southern Empire Resources Company Profile

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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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