Southern Empire Resources (CVE:SMP) Sets New 12-Month High – Should You Buy?

Shares of Southern Empire Resources Corp. (CVE:SMPGet Free Report) reached a new 52-week high on Friday . The company traded as high as C$0.09 and last traded at C$0.09, with a volume of 55000 shares traded. The stock had previously closed at C$0.07.

Southern Empire Resources Price Performance

The business’s 50 day moving average is C$0.07 and its 200-day moving average is C$0.05. The company has a market cap of C$5.92 million, a PE ratio of -0.47 and a beta of 3.51.

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

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