Southern Empire Resources (CVE:SMP) Stock Price Down 26.7% – Here’s Why

Southern Empire Resources Corp. (CVE:SMPGet Free Report)’s stock price traded down 26.7% during trading on Wednesday . The company traded as low as C$0.05 and last traded at C$0.06. 132,162 shares were traded during mid-day trading, an increase of 105% from the average session volume of 64,614 shares. The stock had previously closed at C$0.08.

Southern Empire Resources Price Performance

The stock has a market capitalization of C$3.48 million, a price-to-earnings ratio of -0.28 and a beta of 1.20. The stock’s 50 day simple moving average is C$0.05 and its 200-day simple moving average is C$0.04.

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

Further Reading

Receive News & Ratings for Southern Empire Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southern Empire Resources and related companies with MarketBeat.com's FREE daily email newsletter.