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

Southern Empire Resources Corp. (CVE:SMPGet Free Report)’s stock price dropped 20% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 153,500 shares changed hands during mid-day trading, an increase of 154% from the average daily volume of 60,346 shares. The stock had previously closed at C$0.03.

Southern Empire Resources Stock Performance

The firm has a market cap of C$1.35 million, a PE ratio of -0.40 and a beta of 1.23. The firm’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.05.

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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