Shares of Southern Empire Resources Corp. (CVE:SMP – Get Free Report) fell 26.7% on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.06. 132,162 shares changed hands during trading, an increase of 105% from the average session volume of 64,614 shares. The stock had previously closed at C$0.08.
Southern Empire Resources Stock Performance
The stock has a fifty day moving average price of C$0.05 and a 200-day moving average price of C$0.04. The firm has a market cap of C$3.48 million, a PE ratio of -0.28 and a beta of 1.20.
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. was incorporated in 2017 and is headquartered in Vancouver, Canada.
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