About SMN

Founded: 2005
Employees: n/a
CEO: Carmine Marotta
WebsiteView website: sunsummitminerals.com

Sun Summit Minerals Corp. acquires and explores precious metal properties in Canada. It primarily explores for gold, silver, zinc, and copper deposits. Its flagship project is the 100% owned JD project covering an area of approximately 15,000 hectares located in the Toodoggone region in north-central British Columbia. The company was formerly known as San Marco Resources Inc. and changed its name to Sun Summit Minerals Corp. in November 2020. Sun Summit Minerals Corp. was incorporated in 2005 and is based in Vancouver, Canada.

Recent SMN News & Updates

New Risk • Apr 26

New minor risk - Insider selling

There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$113k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (247% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Significant insider selling over the past 3 months (CA$113k sold). Market cap is less than US$100m (CA$42.2m market cap, or US$30.9m).

Recent updates

No updates

Sun Summit Minerals Corp. Stock Price

SMN Share Price Performance

SMN Community Narratives

Trending Discussion

Recently Updated Narratives

Snowflake Analysis

Sun Summit Minerals Corp. Key Details

About SMN

Recent SMN News & Updates

We Think Sun Summit Minerals (CVE:SMN) Needs To Drive Business Growth Carefully

New major risk - Financial position

New minor risk - Insider selling

Recent updates

Sun Summit Minerals Corp. Competitors

Galleon Gold

Silver One Resources

Denarius Metals

Borealis Mining