Sun Summit Minerals (CVE:SMN) Shares Down 9.4% – Here’s What Happened

Sun Summit Minerals Corp. (CVE:SMNGet Free Report)’s share price fell 9.4% during trading on Tuesday . The company traded as low as C$0.13 and last traded at C$0.13. 633,704 shares were traded during mid-day trading, an increase of 16% from the average session volume of 544,223 shares. The stock had previously closed at C$0.14.

Sun Summit Minerals Price Performance

The stock has a 50 day moving average price of C$0.15 and a two-hundred day moving average price of C$0.13. The company has a market capitalization of C$27.44 million, a price-to-earnings ratio of -2.50 and a beta of 0.02.

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.

Featured Stories

Receive News & Ratings for Sun Summit Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sun Summit Minerals and related companies with MarketBeat.com's FREE daily email newsletter.