Insider Selling: Sun Summit Minerals (CVE:SMN) Director Sells C$64,400.00 in Stock

Sun Summit Minerals Corp. (CVE:SMN) Director Brian Lock sold 460,000 shares of Sun Summit Minerals stock in a transaction on Monday, February 2nd. The stock was sold at an average price of C$0.14, for a total transaction of C$64,400.00. Following the sale, the director owned 1,409,300 shares in the company, valued at C$197,302. This represents a 24.61% decrease in their position.

Sun Summit Minerals Stock Performance

Shares of SMN stock opened at C$0.15 on Tuesday. The firm has a fifty day moving average of C$0.14 and a 200-day moving average of C$0.14. The stock has a market cap of C$32.92 million, a price-to-earnings ratio of -3.00 and a beta of 0.20. Sun Summit Minerals Corp. has a 52-week low of C$0.07 and a 52-week high of C$0.26.

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.