Southern Empire Resources (CVE:SMP) Shares Down 33.3% – Time to Sell?

Shares of Southern Empire Resources Corp. (CVE:SMPGet Free Report) were down 33.3% during trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 307,000 shares traded hands during mid-day trading, an increase of 415% from the average daily volume of 59,568 shares. The stock had previously closed at C$0.06.

Southern Empire Resources Price Performance

The company has a fifty day moving average of C$0.05 and a 200 day moving average of C$0.03. The firm has a market capitalization of C$2.78 million, a P/E ratio of -0.22 and a beta of 1.21.

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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