Key Points
- Director Brian Lock sold 460,000 shares on Feb. 2 at an average price of C$0.14 for C$64,400, reducing his stake by 24.61% to 1,409,300 shares (valued about C$197,302).
- Sun Summit's stock opened at C$0.15, trades near its 50- and 200-day simple moving averages of C$0.14, has a 52-week range of C$0.07–C$0.26, a market cap of C$32.92 million, PE -3.00 and beta 0.20.
- The company explores for gold, silver, zinc and copper in British Columbia, holding an option on the ~52,000-hectare Buck property and 100% of the ~16,000-hectare JD project in the Toodoggone region.
Sun Summit Minerals Corp. (CVE:SMN - Get Free Report) Director Brian Lock sold 460,000 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of C$0.14, for a total value of C$64,400.00. Following the completion of the sale, the director owned 1,409,300 shares of the company's stock, valued at C$197,302. This trade represents a 24.61% decrease in their ownership of the stock.
Sun Summit Minerals Stock Performance
Shares of SMN opened at C$0.15 on Friday. The stock has a 50 day simple moving average of C$0.14 and a 200 day simple moving average of C$0.14. Sun Summit Minerals Corp. has a 52-week low of C$0.07 and a 52-week high of C$0.26. The firm has a market capitalization of C$32.92 million, a PE ratio of -3.00 and a beta of 0.20.
Sun Summit Minerals Company Profile
(
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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