Southern Empire Resources (CVE:SMP) Trading Up 38.5% – Still a Buy?

Southern Empire Resources Corp. (CVE:SMPGet Free Report)’s share price was up 38.5% on Saturday . The stock 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 company has a 50-day moving average price of C$0.06 and a 200-day moving average price of C$0.05. The firm 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

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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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