Sun Summit Minerals (CVE:SMN) Stock Price Up 15.4% – Here’s Why

Shares of Sun Summit Minerals Corp. (CVE:SMNGet Free Report) traded up 15.4% during trading on Thursday . The stock traded as high as C$0.15 and last traded at C$0.15. 1,315,373 shares were traded during mid-day trading, an increase of 20% from the average session volume of 1,092,851 shares. The stock had previously closed at C$0.13.

Sun Summit Minerals Stock Performance

The stock’s fifty day moving average price is C$0.14 and its two-hundred day moving average price is C$0.14. The company has a market cap of C$32.92 million, a P/E ratio of -3.00 and a beta of 0.20.

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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