Brian Lock Sells 460,000 Shares of Sun Summit Minerals (CVE:SMN) Stock

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

Sun Summit Minerals Stock Performance

SMN traded up C$0.01 on Friday, hitting C$0.15. 1,853,625 shares of the company were exchanged, compared to its average volume of 1,179,451. Sun Summit Minerals Corp. has a fifty-two week low of C$0.07 and a fifty-two week high of C$0.26. The firm has a market capitalization of C$32.92 million, a P/E ratio of -3.00 and a beta of 0.20. The business’s fifty day moving average is C$0.14 and its 200 day moving average is C$0.14.

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.