Sokoman Minerals (CVE:SIC) Trading Up 50% – Still a Buy?

by · The Markets Daily

Shares of Sokoman Minerals Corp. (CVE:SIC – Get Free Report) rose 50% during trading on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.06. Approximately 4,926,049 shares traded hands during trading, an increase of 861% from the average daily volume of 512,820 shares. The stock had previously closed at C$0.04.

Sokoman Minerals Price Performance

The firm’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The firm has a market cap of C$17.20 million, a P/E ratio of -6.00 and a beta of 1.76.

About Sokoman Minerals

(Get Free Report)

Sokoman Minerals Corp., an exploration-stage company, engages in the exploration of mineral properties in Canada. The company primarily focuses on its portfolio of gold projects located in the province of Newfoundland and Labrador. It has 100% owned flagship Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland.

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