Southern Empire Resources Corp. (CVE:SMP – Get Free Report) dropped 33.3% during mid-day trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 307,000 shares traded hands during trading, an increase of 415% from the average daily volume of 59,568 shares. The stock had previously closed at C$0.06.
Southern Empire Resources Price Performance
The company’s 50-day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.03. The firm has a market capitalization of C$2.78 million, a P/E ratio of -0.22 and a beta of 1.21.
About Southern Empire Resources
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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