Sulliden Mining Capital (TSE:SMC) Shares Up 33.3% – Here’s Why

Sulliden Mining Capital Inc. (TSE:SMCGet Free Report) shot up 33.3% during mid-day trading on Monday . The stock traded as high as C$0.02 and last traded at C$0.02. 310,201 shares changed hands during trading, an increase of 25% from the average session volume of 249,032 shares. The stock had previously closed at C$0.02.

Sulliden Mining Capital Stock Performance

The firm has a market capitalization of C$2.61 million, a P/E ratio of -1.50 and a beta of 2.32. The company’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.02. The company has a quick ratio of 12.25, a current ratio of 1.62 and a debt-to-equity ratio of 14.02.

About Sulliden Mining Capital

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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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