Southern Empire Resources (CVE:SMP) Stock Price Up 33.3%

Southern Empire Resources Corp. (CVE:SMPGet Free Report) shares were up 33.3% during trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 177,000 shares traded hands during mid-day trading, an increase of 562% from the average daily volume of 26,756 shares. The stock had previously closed at C$0.06.

Southern Empire Resources Stock Up 33.3 %

The company has a 50 day moving average price of C$0.06 and a 200-day moving average price of C$0.06. The company has a market cap of C$5.36 million, a P/E ratio of -1.00 and a beta of 1.27.

Southern Empire Resources Company Profile

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Southern Empire Resources Corp. engages in the acquisition, exploration, and development of metals and mineral resources in North America. The company has an option to acquire 75% interest in the Oro Cruz Property located in the Cargo Muchacho mountains of Imperial County, southeast California; option to acquire 100% interest in Pedro Gold Project covering an area of 1,788 hectares located in Durango State, Mexico; option to acquire 100% interest in the VLM Project located in northwestern México; and option to acquire 100% interest in the Centauro Gold Project located in Chihuahua, Mexico, as well as acquires the La Loma Gold Project located in Chihuahua, Mexico.

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