Sun Summit Minerals Corp. (CVE:SMN – Get Free Report) shares shot up 15.4% during mid-day trading on Thursday . The company traded as high as C$0.16 and last traded at C$0.15. 2,541,383 shares changed hands during mid-day trading, an increase of 121% from the average session volume of 1,151,946 shares. The stock had previously closed at C$0.13.
Sun Summit Minerals Price Performance
The company’s 50 day simple moving average is C$0.14 and its 200 day simple moving average is C$0.14. The company has a market capitalization of C$32.92 million, a PE ratio of -3.00 and a beta of 0.20.
About Sun Summit Minerals
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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