Sokoman Minerals (CVE:SIC) Shares Up 12.5% – Should You Buy?

Sokoman Minerals Corp. (CVE:SICGet Free Report)’s share price shot up 12.5% on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. 220,250 shares were traded during mid-day trading, a decline of 41% from the average session volume of 370,642 shares. The stock had previously closed at C$0.04.

Sokoman Minerals Price Performance

The company has a market capitalization of C$14.61 million, a price-to-earnings ratio of 164.29 and a beta of 1.76. The firm’s fifty day moving average price is C$0.05 and its 200-day moving average price 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.

Further Reading

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