Southern Empire Resources (CVE:SMP) Stock Price Down 20% – Here’s What Happened

Shares of Southern Empire Resources Corp. (CVE:SMPGet Free Report) dropped 20% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 153,500 shares were traded during trading, an increase of 154% from the average session volume of 60,346 shares. The stock had previously closed at C$0.03.

Southern Empire Resources Price Performance

The company’s 50-day moving average price is C$0.03 and its two-hundred day moving average price is C$0.05. The company has a market capitalization of C$1.35 million, a P/E ratio of -0.40 and a beta of 1.23.

Southern Empire Resources Company Profile

(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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