Southern Empire Resources Corp. (CVE:SMP – Get Free Report)’s stock price dropped 27.3% during trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 198,002 shares changed hands during trading, an increase of 201% from the average daily volume of 65,735 shares. The stock had previously closed at C$0.06.
Southern Empire Resources Price Performance
The firm’s 50 day simple moving average is C$0.05 and its 200-day simple moving average is C$0.04. The company has a market cap of C$3.48 million, a price-to-earnings 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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