Southern Empire Resources Corp. (CVE:SMP – Get Free Report) shares fell 18.8% during trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.07. 618,900 shares changed hands during mid-day trading, an increase of 874% from the average session volume of 63,540 shares. The stock had previously closed at C$0.08.
Southern Empire Resources Stock Performance
The business has a fifty day simple moving average of C$0.05 and a 200-day simple moving average of C$0.04. The firm has a market cap of C$4.52 million, a price-to-earnings ratio of -0.36 and a beta of 1.20.
About Southern Empire Resources
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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