Southern Empire Resources (CVE:SMP) Stock Price Up 38.5% – Here’s Why

Southern Empire Resources Corp. (CVE:SMPGet Free Report)’s stock price traded up 38.5% during mid-day trading on Saturday . The company traded as high as C$0.09 and last traded at C$0.09. 167,006 shares were traded during trading, an increase of 144% from the average session volume of 68,392 shares. The stock had previously closed at C$0.07.

Southern Empire Resources Trading Up 38.5%

The firm has a market capitalization of C$6.26 million, a PE ratio of -0.50 and a beta of 2.73. The firm’s fifty day moving average price is C$0.06 and its 200 day moving average price is C$0.05.

About Southern Empire Resources

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

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