Sulliden Mining Capital (TSE:SMC) Trading Down 20%

Shares of Sulliden Mining Capital (TSE:SMC) dropped 20% on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04, approximately 214,000 shares were traded during mid-day trading. An increase of 113% from the average daily volume of 100,623 shares. The stock had previously closed at C$0.05.

The firm has a market capitalization of $3.11 million and a price-to-earnings ratio of -0.09. The company has a fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.07.

About Sulliden Mining Capital (TSE:SMC)

Sulliden Mining Capital Inc, a precious metals company, invests in, acquires, and develops mining properties in the Americas. The company explores for gold, zinc, silver, and copper ores. Its primary project is the East Sullivan property, which contains 21 contiguous claims covering 334 hectares in the Abitibi region of Quebec, Canada.

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