Southern Empire Resources (CVE:SMP) Trading Down 20% – Here’s What Happened

Southern Empire Resources Corp. (CVE:SMPGet Free Report) fell 20% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 153,500 shares traded hands during mid-day trading, an increase of 154% from the average session volume of 60,346 shares. The stock had previously closed at C$0.03.

Southern Empire Resources Price Performance

The firm has a market cap of C$1.35 million, a price-to-earnings ratio of -0.40 and a beta of 1.23. The business has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.05.

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.

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