Southern Empire Resources (CVE:SMP) Stock Price Down 18.8% – Here’s What Happened

Southern Empire Resources Corp. (CVE:SMPGet Free Report) traded down 18.8% during mid-day trading on Monday . The company traded as low as C$0.06 and last traded at C$0.07. 611,900 shares changed hands during mid-day trading, an increase of 877% from the average session volume of 62,601 shares. The stock had previously closed at C$0.08.

Southern Empire Resources Trading Down 18.8%

The stock has a market capitalization of C$4.52 million, a price-to-earnings ratio of -0.36 and a beta of 1.20. The firm has a 50-day moving average of C$0.05 and a 200-day moving average of C$0.04.

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. was incorporated in 2017 and is headquartered in Vancouver, Canada.

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