Shares of Sun Summit Minerals Corp. (CVE:SMN – Get Free Report) traded up 15.4% during trading on Thursday . The stock traded as high as C$0.16 and last traded at C$0.15. 2,541,383 shares changed hands during mid-day trading, an increase of 121% from the average session volume of 1,151,946 shares. The stock had previously closed at C$0.13.
Sun Summit Minerals Price Performance
The stock has a market capitalization of C$32.92 million, a price-to-earnings ratio of -3.00 and a beta of 0.20. The firm has a 50 day simple moving average of C$0.13 and a 200-day simple moving average of C$0.14.
About Sun Summit Minerals
Sun Summit Minerals Corp. engages in the acquisition and exploration of precious metal properties in Canada. The company primarily explores for gold, silver, zinc, and copper deposits. It has an option to acquire a 100% interest in the Buck property covering an area of totaling approximately 52,000 hectares located in north-central British Columbia; and holds 100% interest in the JD project covering an area of totaling approximately 16,000 hectares located in the Toodoggone region, British Columbia.
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