Sun Summit Minerals (CVE:SMN) Trading Down 6.9% – Time to Sell?

Sun Summit Minerals Corp. (CVE:SMNGet Free Report)’s share price dropped 6.9% on Tuesday . The company traded as low as C$0.14 and last traded at C$0.14. Approximately 342,650 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 463,372 shares. The stock had previously closed at C$0.15.

Sun Summit Minerals Stock Down 7.4%

The stock has a fifty day moving average of C$0.17 and a two-hundred day moving average of C$0.12. The stock has a market cap of C$27.44 million, a price-to-earnings ratio of -2.50 and a beta of 0.13.

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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