Sun Summit Minerals (CVE:SMN) Stock Price Down 9.4% – Should You Sell?

Sun Summit Minerals Corp. (CVE:SMNGet Free Report)’s share price was down 9.4% during mid-day trading on Tuesday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 633,704 shares traded hands during mid-day trading, an increase of 16% from the average daily volume of 544,223 shares. The stock had previously closed at C$0.14.

Sun Summit Minerals Stock Performance

The business’s 50 day moving average price is C$0.15 and its 200-day moving average price is C$0.13. The company has a market cap of C$27.44 million, a price-to-earnings ratio of -2.50 and a beta of 0.02.

About Sun Summit Minerals

(Get Free Report)

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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