Shares of Sun Summit Minerals Corp. (CVE:SMN – Get Free Report) were up 15.4% during mid-day trading on Thursday . The stock traded as high as C$0.16 and last traded at C$0.15. Approximately 2,541,383 shares changed hands during trading, an increase of 121% from the average daily volume of 1,151,946 shares. The stock had previously closed at C$0.13.
Sun Summit Minerals Stock Performance
The company’s fifty day simple moving average is C$0.14 and its two-hundred day simple moving average is C$0.14. The company has a market capitalization of C$32.92 million, a price-to-earnings ratio of -3.00 and a beta of 0.20.
Sun Summit Minerals Company Profile
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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