Southern Empire Resources (CVE:SMP) Sets New 12-Month Low – Should You Sell?

Southern Empire Resources Corp. (CVE:SMPGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 89000 shares traded. The stock had previously closed at C$0.02.

Southern Empire Resources Stock Performance

The company has a 50-day moving average of C$0.03 and a 200 day moving average of C$0.05. The firm has a market cap of C$1.35 million, a P/E ratio of -0.40 and a beta of 1.23.

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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