Sun Summit Minerals (CVE:SMN) Sets New 52-Week Low – Time to Sell?

Sun Summit Minerals Corp. (CVE:SMN – Get Free Report)’s stock price reached a new 52-week low on Thursday. The stock traded as low as C$0.11 and last traded at C$0.12, with a volume of 98,640 shares changing hands. The stock had previously closed at C$0.12.

Sun Summit Minerals Stock Performance

The stock has a market cap of C$36.86 million, a P/E ratio of -2.30 and a beta of 0.90. The company’s fifty day moving average price is C$0.14 and its 200-day moving average price is C$0.14.

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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