Southern Empire Resources (CVE:SMP) Stock Price Up 50% – Here’s What Happened

Southern Empire Resources Corp. (CVE:SMPGet Free Report) traded up 50% during trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. 340,499 shares traded hands during 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 Price Performance

The firm 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 moving average price is C$0.03 and its two-hundred day moving average price is C$0.05.

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.

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