Southern Empire Resources (CVE:SMP) Trading 50% Higher – What’s Next?

Southern Empire Resources Corp. (CVE:SMPGet Free Report)’s stock price traded up 50% during mid-day trading on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. 340,499 shares changed hands during mid-day trading, an increase of 38% from the average session volume of 246,999 shares. The stock had previously closed at C$0.02.

Southern Empire Resources Stock Up 16.7 %

The company has a market capitalization of C$2.37 million, a price-to-earnings ratio of -0.70 and a beta of 1.23. The business has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.05.

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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