Southern Empire Resources (CVE:SMP) Trading Down 33.3% – Here’s Why

Southern Empire Resources Corp. (CVE:SMPGet Free Report)’s share price traded down 33.3% during mid-day trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04. 307,000 shares changed hands during mid-day trading, an increase of 415% from the average session volume of 59,568 shares. The stock had previously closed at C$0.06.

Southern Empire Resources Stock Down 33.3%

The firm has a market cap of C$2.78 million, a PE ratio of -0.22 and a beta of 1.21. The firm’s fifty day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.03.

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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