Shares of Southern Empire Resources Corp. (CVE:SMP – Get Free Report) shot up 8.3% on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. 146,006 shares were traded during mid-day trading, an increase of 111% from the average session volume of 69,320 shares. The stock had previously closed at C$0.06.
Southern Empire Resources Stock Performance
The firm has a 50-day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.06. The company has a market capitalization of C$4.49 million, a price-to-earnings ratio of -6.00 and a beta of 2.13.
Southern Empire Resources Company Profile
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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