Southern Empire Resources (CVE:SMP) Shares Down 20% – Should You Sell?

Southern Empire Resources Corp. (CVE:SMPGet Free Report) shares fell 20% during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 218,750 shares traded hands during mid-day trading, an increase of 458% from the average session volume of 39,213 shares. The stock had previously closed at C$0.03.

Southern Empire Resources Stock Performance

The company has a market cap of C$1.35 million, a PE ratio of -0.40 and a beta of 1.23. The stock’s 50-day simple moving average is C$0.04 and its 200 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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