Southern Empire Resources (CVE:SMP) Hits New 1-Year Low – Should You Sell?

Shares of Southern Empire Resources Corp. (CVE:SMPGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 1750 shares changing hands. The stock had previously closed at C$0.04.

Southern Empire Resources Price Performance

The firm has a market capitalization of C$2.03 million, a P/E ratio of -0.60 and a beta of 1.23. The company’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.06.

About Southern Empire Resources

(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.

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