Shares of Southern Empire Resources Corp. (CVE:SMP – Get Free Report) shot up 38.5% on Saturday . The stock traded as high as C$0.09 and last traded at C$0.09. 167,006 shares changed hands during trading, an increase of 144% from the average session volume of 68,392 shares. The stock had previously closed at C$0.07.
Southern Empire Resources Price Performance
The company’s 50 day simple moving average is C$0.06 and its 200 day simple moving average is C$0.05. The company has a market capitalization of C$6.26 million, a PE ratio of -0.50 and a beta of 2.73.
About Southern Empire Resources
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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