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

by · The Cerbat Gem

Sokoman Minerals Corp. (CVE:SIC – Get Free Report) was up 50% during trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.06. Approximately 4,926,049 shares changed 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 Stock Up 50.0 %

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