Southern Empire Resources (CVE:SMP) Stock Price Up 50% – Time to Buy?

Southern Empire Resources Corp. (CVE:SMPGet Free Report)’s share price shot up 50% on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. 340,499 shares traded hands during mid-day trading, an increase of 38% from the average session volume of 246,999 shares. The stock had previously closed at C$0.02.

Southern Empire Resources Stock Performance

The company has a market cap of C$2.03 million, a price-to-earnings ratio of -0.60 and a beta of 1.23. The business’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.05.

About Southern Empire Resources

(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.

Recommended Stories

Receive News & Ratings for Southern Empire Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southern Empire Resources and related companies with MarketBeat.com's FREE daily email newsletter.