Southern Empire Resources (CVE:SMP) Trading Up 33.3% – Still a Buy?

Southern Empire Resources Corp. (CVE:SMPGet Free Report) shares were up 33.3% during trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.02. Approximately 125,000 shares changed hands during mid-day trading, an increase of 176% from the average daily volume of 45,275 shares. The stock had previously closed at C$0.02.

Southern Empire Resources Stock Performance

The stock’s 50-day moving average is C$0.02 and its 200 day moving average is C$0.03. The firm has a market cap of C$1.35 million, a P/E ratio of -0.40 and a beta of 1.23.

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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