Southern Empire Resources (CVE:SMP) Stock Price Down 20% – Should You Sell?

Southern Empire Resources Corp. (CVE:SMP)’s stock price was down 20% during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 153,500 shares traded hands during mid-day 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 Stock Up 50.0 %

The stock has a 50-day moving average of C$0.03 and a 200 day moving average of C$0.05. The stock has a market cap of C$2.03 million, a PE ratio of -0.60 and a beta of 1.23.

Southern Empire Resources Company Profile

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.