Southern Empire Resources (CVE:SMP) Trading 38.5% Higher – Here’s What Happened

Southern Empire Resources Corp. (CVE:SMPGet Free Report)’s share price rose 38.5% during mid-day trading on Saturday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 167,006 shares were traded during trading, an increase of 144% from the average daily volume of 68,392 shares. The stock had previously closed at C$0.07.

Southern Empire Resources Price Performance

The stock’s 50-day moving average is C$0.06 and its 200 day moving average is C$0.05. The stock has a market cap of C$6.26 million, a price-to-earnings ratio of -0.50 and a beta of 2.73.

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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