Southern Empire Resources (CVE:SMP) Trading Down 27.3% – Should You Sell?

Southern Empire Resources Corp. (CVE:SMPGet Free Report)’s stock price fell 27.3% on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. 198,002 shares traded hands during trading, an increase of 201% from the average session volume of 65,735 shares. The stock had previously closed at C$0.06.

Southern Empire Resources Stock Down 27.3%

The business has a 50-day simple moving average of C$0.05 and a 200-day simple moving average of C$0.04. The company has a market cap of C$2.78 million, a PE ratio of -0.22 and a beta of 1.20.

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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