Insider Buying: Sun Summit Minerals Corp. (CVE:SMN) Director Purchases 100,000 Shares of Stock

Sun Summit Minerals Corp. (CVE:SMN) Director Brian Lock purchased 100,000 shares of the stock in a transaction that occurred on Friday, December 13th. The stock was purchased at an average cost of C$0.11 per share, with a total value of C$10,500.00.

Sun Summit Minerals Stock Down 4.5 %

Shares of SMN opened at C$0.11 on Wednesday. The firm has a market cap of C$7.18 million, a price-to-earnings ratio of -1.05 and a beta of 0.84. The company’s fifty day moving average is C$0.20 and its 200-day moving average is C$0.20. Sun Summit Minerals Corp. has a 12 month low of C$0.08 and a 12 month high of C$0.34.

Sun Summit Minerals Company Profile

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.