Las Vegas, NV — (SBWIRE) — 11/07/2012 — Southridge Enterprises, Inc. (PINK:SRGE) has made a legendary run in recent months the likes of which Penny Stock Speculators dream about; from lows of $0.0002 (triple zero 2) to recent highs of well over a penny.

The stock moved well over a penny but has trended down since and investors are wondering if the stock can regain and surpass its previous highs.

Southridge Minerals currently holds a portfolio of mineral properties located in several world-class mining regions of Mexico. The properties include the past producing and flagship property Cinco Minas, along with the Gran Cabrera, Los Compadres, La Esperanza and La Canita.

There is little wonder for the meteoric rise of SRGE in recent months; on Sept 05 SRGE announced that in fiscal 2012, they have processed over 9,000 tons of ore and recorded revenues of $3.14 Million in just its 4th Quarter Fiscal Year 2012 ending Aug 2012

On November 5 Southridge Enterprises Inc. announced a cash dividend of $0.00003 per common share, payable on November 22, 2012 to shareholders of record at the close of business November 15, 2012. The dividend represents a payout of just over 5% of the recently reported quarterly net income.

To find out more about this stock and what OTCMAGIC projects for Southridge Enterprises both short term and long term please go here: SRGE

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