Sun Summit Minerals Corp. (CVE:SMN – Get Free Report) shares reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as C$0.10 and last traded at C$0.12, with a volume of 235,698 shares changing hands. The stock had previously closed at C$0.12.
Sun Summit Minerals Price Performance
The company has a market capitalization of C$40.45 million, a price-to-earnings ratio of -2.30 and a beta of 0.67. The stock’s fifty day moving average price is C$0.13 and its 200-day moving average price is C$0.14.
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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