Southern Empire Resources (CVE:SMP) Trading 40% Higher – Here’s Why

Southern Empire Resources Corp. (CVE:SMPGet Free Report) shares were up 40% on Monday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 373,000 shares were traded during trading, an increase of 676% from the average daily volume of 48,078 shares. The stock had previously closed at C$0.05.

Southern Empire Resources Trading Up 40.0%

The firm has a market capitalization of C$4.83 million, a PE ratio of -0.41 and a beta of 0.94. The business’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03.

Southern Empire Resources Company Profile

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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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