Sun Summit Minerals (CVE:SMN) Director Brian Lock Sells 460,000 Shares of Stock

Sun Summit Minerals Corp. (CVE:SMN) Director Brian Lock sold 460,000 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of C$0.14, for a total transaction of C$64,400.00. Following the completion of the transaction, the director directly owned 1,409,300 shares in the company, valued at approximately C$197,302. The trade was a 24.61% decrease in their ownership of the stock.

Sun Summit Minerals Stock Performance

Shares of Sun Summit Minerals stock opened at C$0.15 on Friday. The firm has a fifty day moving average of C$0.14 and a two-hundred day moving average of C$0.14. The stock has a market capitalization 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.