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Southern Empire Resources shares jumped 38.5% amid heavy trading, with no stated reason.
Southern Empire Resources (CVE:SMP) shares rose 38.5% on Friday, closing at C$0.09 after reaching a high of C$0.09, with trading volume surging to 167,006 shares—144% above its average.
The Vancouver-based company, formerly Owl Capital Corp., focuses on gold and mineral exploration in North America.
It has a market cap of C$6.26 million, a negative P/E ratio of -0.50, and a beta of 2.73, indicating high volatility.
The 50-day and 200-day moving averages are C$0.06 and C$0.05, respectively.
No specific reason for the price movement was provided.
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Las acciones de Southern Empire Resources saltaron un 38.5% en medio de una fuerte negociación, sin ninguna razón.