Shares of Sun Summit Minerals Corp. (CVE:SMN – Get Free Report) hit a new 52-week low during trading on Friday. The company traded as low as C$0.11 and last traded at C$0.11, with a volume of 294,000 shares trading hands. The stock had previously closed at C$0.12.
Sun Summit Minerals Trading Down 4.3%
The company’s fifty day moving average is C$0.13 and its 200 day moving average is C$0.14. The company has a market capitalization of C$35.26 million, a P/E ratio of -2.20 and a beta of 0.67.
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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