Southern Empire Resources (CVE:SMP) Shares Up 30% – What’s Next?

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

Southern Empire Resources Price Performance

The stock has a market cap of C$4.52 million, a price-to-earnings ratio of -0.36 and a beta of 1.20. The company’s 50 day moving average is C$0.05 and its 200 day moving average is C$0.04.

Southern Empire Resources Company Profile

(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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