Sulliden Mining Capital (TSE:SMC) Trading Up 66.7% – Should You Buy?

Sulliden Mining Capital Inc. (TSE:SMCGet Free Report)’s stock price was up 66.7% during mid-day trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 1,736,150 shares were traded during trading, an increase of 582% from the average daily volume of 254,642 shares. The stock had previously closed at C$0.02.

Sulliden Mining Capital Stock Performance

The company has a current ratio of 1.62, a quick ratio of 12.25 and a debt-to-equity ratio of 14.02. The company has a market cap of C$3.26 million, a P/E ratio of -1.50 and a beta of 2.32. The business’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.02.

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.

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