Southern Empire Resources (CVE:SMP) Stock Price Up 33.3% – Still a Buy?

Shares of Southern Empire Resources Corp. (CVE:SMPGet Free Report) were up 33.3% during trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.02. Approximately 125,000 shares were traded during trading, an increase of 176% from the average daily volume of 45,275 shares. The stock had previously closed at C$0.02.

Southern Empire Resources Trading Up 33.3%

The company’s fifty day moving average is C$0.02 and its 200 day moving average is C$0.03. The company has a market cap of C$1.35 million, a P/E ratio of -0.40 and a beta of 1.23.

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.

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