Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Southern Empire Resources Corp. is focused on identifying, examining, and advancing deposits of metals and minerals across North America. The company holds an exclusive right to purchase a full ownership stake (100%) in the Oro Cruz Property, an area spanning 2,160 hectares, situated within the Cargo Muchacho mountains in Imperial County, southeastern California. Additionally, it possesses an option to acquire complete ownership (100%) of the 1,750-hectare Pedro Gold Project, found in Mexico's Durango State. Furthermore, Southern Empire maintains an 85% equity interest in the Eastgate Gold project, which encompasses 101 unpatented lode mining claims totaling 817 hectares in Churchill County, Nevada. Originally established as Owl Capital Corp., the company adopted its current name, Southern Empire Resources Corp., in March 2018. Formed in 2017, Southern Empire Resources Corp. operates from its main office in Vancouver, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overvalued on P/FCF.