Southern Empire Resources (CVE:SMP) Shares Down 20% – What’s Next?

Southern Empire Resources Corp. (CVE:SMPGet Free Report) dropped 20% during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 153,500 shares were traded during trading, an increase of 154% from the average daily volume of 60,346 shares. The stock had previously closed at C$0.03.

Southern Empire Resources Trading Down 20.0 %

The stock has a 50-day moving average of C$0.03 and a two-hundred day moving average of C$0.05. The firm has a market cap of C$1.35 million, a price-to-earnings ratio of -0.40 and a beta of 1.23.

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.

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