Southern Empire Resources (CVE:SMP) Trading Down 27.3% – Here’s What Happened

Southern Empire Resources Corp. (CVE:SMPGet Free Report) shares fell 27.3% on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. 198,002 shares traded hands during mid-day trading, an increase of 201% from the average session volume of 65,735 shares. The stock had previously closed at C$0.06.

Southern Empire Resources Stock Down 27.3%

The firm has a market cap of C$2.78 million, a price-to-earnings ratio of -0.22 and a beta of 1.20. The firm has a fifty day moving average price of C$0.05 and a 200-day moving average price of C$0.04.

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. was incorporated in 2017 and is headquartered in Vancouver, Canada.

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