Sulliden Mining Capital (TSE:SMC) Stock Price Down 20% – Should You Sell?

Sulliden Mining Capital Inc. (TSE:SMCGet Free Report) dropped 20% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 114,584 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 165,072 shares. The stock had previously closed at C$0.03.

Sulliden Mining Capital Stock Performance

The stock’s 50-day moving average price is C$0.01 and its 200 day moving average price is C$0.01. The company has a debt-to-equity ratio of 14.02, a current ratio of 1.62 and a quick ratio of 12.25. The firm has a market cap of C$2.61 million, a P/E ratio of -2.00 and a beta of 2.32.

Sulliden Mining Capital Company Profile

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Sulliden Mining Capital Inc engages in the acquisition and development of mining projects in the Americas. The company primarily explores for gold, uranium, and precious metals. It holds 100% interest in the East Sullivan property, which contains 21 contiguous claims covering an area of 334 hectares located in the Abitibi region of Quebec, Canada.

Further Reading

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