Southern Empire Resources (CVE:SMP) Stock Price Up 50% – What’s Next?

Shares of Southern Empire Resources Corp. (CVE:SMPGet Free Report) rose 50% on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 226,999 shares were traded during mid-day trading, an increase of 21% from the average daily volume of 187,249 shares. The stock had previously closed at C$0.02.

Southern Empire Resources Price Performance

The business’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.05. The firm has a market capitalization of C$2.03 million, a PE ratio of -0.60 and a beta of 1.23.

Southern Empire Resources Company Profile

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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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