Sun Summit Minerals is a company based in Vancouver that runs exploration for gold, copper, and other minerals. The company currently has two running projects, namely the JD project and the Buck project, in which the company holds 100% interest. The JS project, a gold and silver mining project, is situated in Toodoggone and the Buck project which is located about 6 miles away from Houston. The company is also invested in another mining and exploration company based in Canada, named Green Earth Metals.
In this article, let’s know what our experts think about Sun Summit Minerals (SMN) Stock Price prediction.
Sun Summit Minerals (SMN) Stock Price – Historical Pricing:
Sun Summit Minerals (SMN) historical stock price year | Historical Price |
Sun Summit Minerals (SMN) historical stock price in 2014 | 0.68 CAD |
Sun Summit Minerals (SMN) historical stock price in 2015 | 0.180 CAD |
Sun Summit Minerals (SMN) historical stock price in 2016 | 1.58 CAD |
Sun Summit Minerals (SMN) historical stock price in 2017 | 1.67 CAD |
Sun Summit Minerals (SMN) historical stock price in 2018 | 1.08 CAD |
Sun Summit Minerals (SMN) historical stock price in 2019 | 0.390 CAD |
Sun Summit Minerals (SMN) historical stock price in 2020 | 1.13 CAD |
Sun Summit Minerals (SMN) historical stock price in 2021 | 2.07 CAD |
Sun Summit Minerals (SMN) historical stock price in 2022 | 0.420 CAD |
Sun Summit Minerals (SMN) historical stock price in 2023 | 0.165 CAD |
Sun Summit Minerals (SMN) Stock Historical Pricing in 2014
Sun Summit Minerals began to trade at 1.80 CAD in the first trading session of 2014. This year, the company was in a strong downtrend from February to October. Suddenly, in the last month of the year, there was a huge spark in the trading volume. Due to so much increase in the trading volume, the stock price closed at 0.68 CAD, about 65% above its opening price in this month.
Sun Summit Minerals (SMN) Stock Historical Pricing in 2015
Just like in 2014, in 2015 too, the stock price of Sun Summit Minerals (SMN) saw a decrease. After the stock started trading at 0.450 CAD in January 2015, its price crashed aggressively in July (-44.44%) and August (-40.00%). Due to the sharp fall in the share price, its price touched 0.135 CAD in August. Again, in December 2015, before it closed at 0.180 CAD, it again took support at that level.
Sun Summit Minerals (SMN) Stock Historical Pricing in 2016
From January to August 2016, the stock price of Sun Summit Minerals (SMN) made continuous higher highs due to its strong upward momentum. Its price reached 2.70 CAD in August from just 0.180 CAD in January. After August, the price of TSXV: SMN ended its 2016 journey at 1.58 CAD in a sideways trend.
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Sun Summit Minerals (SMN) Stock Historical Pricing in 2017
The sideways trend continued for the stocks of Sun Summit Minerals throughout 2017. The stocks reached their highest pricing for the year in August at 2.38 CAD; on the other hand, in November and December, it recorded its lowest price of the year at 1.13 CAD. The ending price of TSXV: SMN was recorded at 1.67 CAD.
Sun Summit Minerals (SMN) Stock Historical Pricing in 2018
Although in the first three months of 2018, the share price saw growth. However, from the 4th month, the price of STXV: SMN began to go down. The stock, which started around 1.53 CAD in January 2018, marked its closing in 2018 at 1.08 CAD.
Sun Summit Minerals (SMN) Stock Historical Pricing in 2019
From January to April 2019, the downtrend resulted in about 65% fall in the share price of Sun Summit Minerals. From then on till December 2019, its price was in a sideways trend, with its closing price being 0.390 CAD.
Sun Summit Minerals (SMN) Stock Historical Pricing in 2020
In 2020, the main growth in the stock price of Sun Summit Minerals came due to a consecutive growth of 41.38% in April and 53.66% in May and finally, a 108.33% in December 2020 jump in the price took it to 1.13 CAD.
Sun Summit Minerals (SMN) Stock Historical Pricing in 2021
In 2021, Sun Summit Minerals (SMN) recorded its 5-year highest price at 4.05 CAD led by a strong uptrend that lasted from February ‘21 to June ‘21. After a few months of consolidation, the stock price shot up to 2.07 CAD in December 2021.
Sun Summit Minerals (SMN) Stock Historical Pricing in 2022 & 2023
From the very beginning of 2022, the stock price of Sun Summit Minerals started going down and formed a strong downward momentum. The stock price which was at 1.92 CAD in January 2022, was recorded at 0.420 CAD in December 2022 and at 0.165 CAD in December 2023.
Sun Summit Minerals (SMN) Stock Price Prediction 2024 – 2045
Sun Summit Minerals (SMN) Stock Price Prediction | Prediction Price (CAD) |
Sun Summit Minerals (SMN) Stock Price Prediction for 2024 | 0.230 |
Sun Summit Minerals (SMN) Stock Price Prediction for 2025 | 0.220 |
Sun Summit Minerals (SMN) Stock Price Prediction for 2026 | 0.205 |
Sun Summit Minerals (SMN) Stock Price Prediction for 2027 | 0.195 |
Sun Summit Minerals (SMN) Stock Price Prediction for 2028 | 0.180 |
Sun Summit Minerals (SMN) Stock Price Prediction for 2029 | 0.170 |
Sun Summit Minerals (SMN) Stock Price Prediction for 2030 | 0.160 |
Sun Summit Minerals (SMN) Stock Price Prediction for 2035 | 0.115 |
Sun Summit Minerals (SMN) Stock Price Prediction for 2040 | 0.085 |
Sun Summit Minerals (SMN) Stock Price Prediction for 2045 | 0.065 |
Sun Summit Minerals (SMN) Stock Price Prediction 2024
In this year, the company’s initial pricing was 0.180 CAD. The share price went as high as 0.275 CAD in April as in this month, the stock price rose 100%. The ending price, according to our experts, will be around 0.230 CAD.
Month | Share price in CAD |
January | 0.180 |
February | 0.150 |
March | 0.100 |
April | 0.100 |
May | 0.200 |
June | 0.260 |
July | 0.185 |
August | 0.205 |
September | 0.220 |
October | 0.160 |
November | 0.240 |
December | 0.230 |
Sun Summit Minerals (SMN) Stock Price Prediction 2025
The average price of the stock of Sun Summit Minerals (SMN) for 2025 will be CAD 0.228, with a high forecast of CAD 0.235, and a lower forecast of CAD 0.220.
Month | Share price in CAD |
January | 0.235 |
February | 0.225 |
March | 0.235 |
April | 0.230 |
May | 0.229 |
June | 0.227 |
July | 0.230 |
August | 0.225 |
September | 0.230 |
October | 0.225 |
November | 0.221 |
December | 0.220 |
Sun Summit Minerals (SMN) Stock Price Prediction 2026
The average price of the stock of Sun Summit Minerals (SMN) for 2026 will be CAD 0.214, with a high forecast of CAD 0.225, and a lower forecast of CAD 0.205.
Month | Share price in CAD |
January | 0.220 |
February | 0.225 |
March | 0.220 |
April | 0.215 |
May | 0.214 |
June | 0.210 |
July | 0.212 |
August | 0.215 |
September | 0.210 |
October | 0.209 |
November | 0.210 |
December | 0.205 |
Sun Summit Minerals (SMN) Stock Price Prediction 2027
The average price of the stock of Sun Summit Minerals (SMN) for 2027 will be CAD 0.200, with a high forecast of CAD 0.210, and a lower forecast of CAD 0.190.
Month | Share price in CAD |
January | 0.205 |
February | 0.204 |
March | 0.210 |
April | 0.205 |
May | 0.201 |
June | 0.200 |
July | 0.205 |
August | 0.198 |
September | 0.195 |
October | 0.190 |
November | 0.194 |
December | 0.195 |
Sun Summit Minerals (SMN) Stock Price Prediction 2028
The average price of the stock of Sun Summit Minerals (SMN) for 2028 will be CAD 0.187, with a high forecast of CAD 0.195, and a lower forecast of CAD 0.180.
Month | Share price in CAD |
January | 0.195 |
February | 0.191 |
March | 0.190 |
April | 0.189 |
May | 0.195 |
June | 0.187 |
July | 0.190 |
August | 0.185 |
September | 0.184 |
October | 0.183 |
November | 0.185 |
December | 0.180 |
Sun Summit Minerals (SMN) Stock Price Prediction 2029
The average price of the stock of Sun Summit Minerals (SMN) for 2029 will be CAD 0.176, with a high forecast of CAD 0.185, and a lower forecast of CAD 0.170.
Month | Share price in CAD |
January | 0.180 |
February | 0.179 |
March | 0.185 |
April | 0.177 |
May | 0.176 |
June | 0.175 |
July | 0.174 |
August | 0.173 |
September | 0.175 |
October | 0.172 |
November | 0.171 |
December | 0.170 |
Sun Summit Minerals (SMN) Stock Price Prediction 2030
The average price of the stock of Sun Summit Minerals (SMN) for 2030 will be CAD 0.164, with a high forecast of CAD 0.169, and a lower forecast of CAD 0.159.
Month | Share price in CAD |
January | 0.169 |
February | 0.168 |
March | 0.167 |
April | 0.166 |
May | 0.165 |
June | 0.164 |
July | 0.163 |
August | 0.163 |
September | 0.162 |
October | 0.161 |
November | 0.159 |
December | 0.160 |
Sun Summit Minerals (SMN) Stock Price Prediction 2035
The average price of the stock of Sun Summit Minerals (SMN) for 2035 will be CAD 0.118, with a high forecast of CAD 0.122, and a lower forecast of CAD 0.115.
Month | Share price in CAD |
January | 0.122 |
February | 0.121 |
March | 0.121 |
April | 0.120 |
May | 0.119 |
June | 0.119 |
July | 0.118 |
August | 0.117 |
September | 0.117 |
October | 0.116 |
November | 0.115 |
December | 0.115 |
Sun Summit Minerals (SMN) Stock Price Prediction 2040
The average price of the stock of Sun Summit Minerals (SMN) for 2040 will be CAD 0.085, with a high forecast of CAD 0.088, and a lower forecast of CAD 0.083.
Month | Share price in CAD |
January | 0.088 |
February | 0.088 |
March | 0.087 |
April | 0.087 |
May | 0.086 |
June | 0.086 |
July | 0.085 |
August | 0.085 |
September | 0.084 |
October | 0.084 |
November | 0.083 |
December | 0.085 |
Sun Summit Minerals (SMN) Stock Price Prediction 2045
The average price of the stock of Sun Summit Minerals (SMN) for 2045 will be CAD 0.062, with a high forecast of CAD 0.065, and a lower forecast of CAD 0.055.
Month | Share price in CAD |
January | 0.064 |
February | 0.065 |
March | 0.063 |
April | 0.063 |
May | 0.062 |
June | 0.055 |
July | 0.062 |
August | 0.061 |
September | 0.061 |
October | 0.061 |
November | 0.060 |
December | 0.065 |
Sun Summit Minerals (SMN) Stock Technical Analysis:
Chart and trend analysis:
After a sudden growth in the stock price in April 2024, the stock price of Sun Summit Minerals is currently trading in a sideways momentum for the last six months of the year.
Support and resistance analysis:
On monthly candle stick patterns, there are two close supports for the stocks of Sun Summit Minerals; the first one is at 0.165 CAD, and the next one at 0.160 CAD. The stock is unlikely to face any resistance this year because the next strong resistance for the stock on a monthly time frame is at 0.260 CAD.
Sun Summit Minerals (SMN) Stock Fundamental Analysis:
Company financial overview:
Sun Summit Minerals currently boasts a market valuation of 15.40M CAD with zero debt. The company has not reported any revenue in the last five years, however, the net loss has decreased a bit in the last two years.
Company performance:
In 2021, Sun Summit Minerals reported a net loss of 7.5M CAD; in 2022 the number improved to 4.80M CAD, and in 2023, it reported a net income of -3.72M CAD.
Disclaimer
The information provided is for general purposes and should not be considered financial advice. The author and blog are not liable for any financial losses. Always seek advice from a qualified financial professional before making investment decisions.
Sun Summit Minerals (SMN) Stock Price Prediction: FAQs
What should be the target for the share price of Sun Summit Minerals in 2024?
The target for the share price of Sun Summit Minerals in 2024 will be 0.230 CAD.
Welcome to PredictTorontoStocks! I’m Hilda J. Condit, a seasoned finance professional with a passion for the stock market and a deep-rooted connection to the Toronto Stock Exchange (TSX). With a Bachelor’s degree in Finance and specialized training from CSI Global Education’s Canadian Securities Course (CSC), I bring years of experience and expertise to the world of investment.
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