Southern Empire Resources (CVE:SMP) Stock Price Up 28.6% – Time to Buy?

Southern Empire Resources Corp. (CVE:SMPGet Free Report)’s share price shot up 28.6% during mid-day trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. 119,895 shares traded hands during mid-day trading, a decline of 25% from the average session volume of 160,473 shares. The stock had previously closed at C$0.04.

Southern Empire Resources Stock Performance

The company’s fifty day moving average price is C$0.03 and its 200-day moving average price is C$0.04. The stock has a market cap of C$3.04 million, a P/E ratio of -0.90 and a beta of 1.23.

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.

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