Southern Empire Resources (CVE:SMP) Trading Down 26.7% – Here’s What Happened

Shares of Southern Empire Resources Corp. (CVE:SMPGet Free Report) traded down 26.7% during trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.06. 132,162 shares traded hands during mid-day trading, an increase of 105% from the average session volume of 64,614 shares. The stock had previously closed at C$0.08.

Southern Empire Resources Trading Down 26.7%

The business’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.04. The firm has a market cap of C$3.83 million, a P/E ratio of -0.31 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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