Southern Empire Resources (CVE:SMP) Shares Down 27.3% – What’s Next?

Southern Empire Resources Corp. (CVE:SMPGet Free Report) fell 27.3% during trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. 198,002 shares traded hands during trading, an increase of 205% from the average session volume of 65,020 shares. The stock had previously closed at C$0.06.

Southern Empire Resources Stock Performance

The business has a fifty day moving average of C$0.05 and a 200-day moving average of C$0.04. The company has a market capitalization of C$3.48 million, a P/E ratio of -0.28 and a beta of 1.20.

Southern Empire Resources Company Profile

(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. was incorporated in 2017 and is headquartered in Vancouver, Canada.

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