Sokoman Minerals (CVE:SIC) Trading Up 50% – Here’s Why

Sokoman Minerals Corp. (CVE:SICGet Free Report) rose 50% during trading on Wednesday . The stock traded as high as C$0.07 and last traded at C$0.06. Approximately 4,926,049 shares changed hands during mid-day 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 company has a market capitalization of C$15.76 million, a P/E ratio of -5.50 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.

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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