Sokoman Minerals (CVE:SIC) Trading 50% Higher – Time to Buy?

by · The Markets Daily

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

Sokoman Minerals Trading Up 50.0 %

The stock has a market capitalization of C$17.20 million, a P/E ratio of -6.00 and a beta of 1.76. The company has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04.

Sokoman Minerals Company Profile

(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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