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

Shares of Southern Empire Resources Corp. (CVE:SMPGet Free Report) traded up 38.5% during trading on Saturday . The company traded as high as C$0.09 and last traded at C$0.09. 167,006 shares traded hands 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 Price Performance

The company has a market capitalization of C$6.26 million, a price-to-earnings ratio of -0.50 and a beta of 2.73. The stock has a 50 day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.05.

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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