Southern Empire Resources (CVE:SMP) Shares Down 26.7% – Should You Sell?

Southern Empire Resources Corp. (CVE:SMPGet Free Report)’s share price fell 26.7% during mid-day trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.06. 132,162 shares changed hands during trading, an increase of 108% from the average session volume of 63,597 shares. The stock had previously closed at C$0.08.

Southern Empire Resources Stock Down 9.1%

The stock has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.04. The stock has a market cap of C$3.48 million, a price-to-earnings ratio of -0.28 and a beta of 1.20.

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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