Sulliden Mining Capital (TSE:SMC) Trading Up 100% – Time to Buy?

Sulliden Mining Capital Inc. (TSE:SMCGet Free Report)’s share price shot up 100% on Tuesday . The company traded as high as C$0.02 and last traded at C$0.02. 1,395,000 shares changed hands during mid-day trading, an increase of 1,173% from the average session volume of 109,563 shares. The stock had previously closed at C$0.01.

Sulliden Mining Capital Trading Up 25.0 %

The stock has a market capitalization of C$3.26 million, a PE ratio of -2.50 and a beta of 2.32. The company has a debt-to-equity ratio of 14.02, a quick ratio of 12.25 and a current ratio of 1.62. The company has a 50 day moving average of C$0.01 and a two-hundred day moving average of C$0.01.

About Sulliden Mining Capital

(Get Free Report)

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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