Sokoman Minerals (CVE:SIC) Stock Price Down 14.7% – Time to Sell?

Sokoman Minerals Corp. (CVE:SICGet Free Report) fell 14.7% during trading on Friday . The stock traded as low as C$0.20 and last traded at C$0.22. 3,428,672 shares changed hands during mid-day trading, an increase of 448% from the average session volume of 625,622 shares. The stock had previously closed at C$0.26.

Sokoman Minerals Stock Performance

The company has a 50-day simple moving average of C$0.06 and a 200 day simple moving average of C$0.05. The company has a market capitalization of C$77.84 million, a P/E ratio of -16.80 and a beta of 2.79.

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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