Southern Empire Resources (CVE:SMP) Shares Up 30% – Here’s Why

Southern Empire Resources Corp. (CVE:SMPGet Free Report) shares rose 30% during mid-day trading on Saturday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 121,000 shares changed hands during trading, an increase of 81% from the average daily volume of 66,676 shares. The stock had previously closed at C$0.05.

Southern Empire Resources Trading Up 30.0%

The company has a market capitalization of C$4.52 million, a P/E ratio of -0.36 and a beta of 1.20. The business has a 50 day moving average price of C$0.05 and a 200 day moving average price of 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.

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