Sulliden Mining Capital (TSE:SMC) Shares Down 20% – Here’s Why

Sulliden Mining Capital Inc. (TSE:SMCGet Free Report)’s stock price fell 20% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 114,584 shares changed hands during trading, a decline of 31% from the average session volume of 165,072 shares. The stock had previously closed at C$0.03.

Sulliden Mining Capital Price Performance

The firm has a market capitalization of C$3.26 million, a P/E ratio of -2.50 and a beta of 2.32. The company has a fifty day simple moving average of C$0.01 and a 200 day simple moving average of C$0.01. The company has a quick ratio of 12.25, a current ratio of 1.62 and a debt-to-equity ratio of 14.02.

About Sulliden Mining Capital

(Get Free Report)

Sulliden Mining Capital Inc engages in the acquisition and development of mining projects in the Americas. The company primarily explores for gold, uranium, and precious metals. It holds 100% interest in the East Sullivan property, which contains 21 contiguous claims covering an area of 334 hectares located in the Abitibi region of Quebec, Canada.

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