Sun Summit Minerals (CVE:SMN) Director Sells C$64,400.00 in Stock

Sun Summit Minerals Corp. (CVE:SMN) Director Brian Lock sold 460,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of C$0.14, for a total transaction of C$64,400.00. Following the completion of the transaction, the director directly owned 1,409,300 shares of the company’s stock, valued at approximately C$197,302. This represents a 24.61% decrease in their position.

Sun Summit Minerals Stock Performance

CVE SMN traded up C$0.01 during mid-day trading on Friday, reaching C$0.15. 1,853,625 shares of the stock were exchanged, compared to its average volume of 1,179,451. The stock has a market capitalization of C$32.92 million, a PE ratio of -3.00 and a beta of 0.20. Sun Summit Minerals Corp. has a 1-year low of C$0.07 and a 1-year high of C$0.26. The business’s fifty day simple moving average is C$0.14 and its 200 day simple moving average is 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.