Sokoman Minerals (CVE:SIC) Stock Price Up 45.5% – Here’s What Happened

Shares of Sokoman Minerals Corp. (CVE:SICGet Free Report) rose 45.5% on Monday . The company traded as high as C$0.09 and last traded at C$0.08. Approximately 4,271,841 shares changed hands during mid-day trading, an increase of 1,056% from the average daily volume of 369,478 shares. The stock had previously closed at C$0.06.

Sokoman Minerals Price Performance

The business has a fifty day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04. The firm has a market capitalization of C$31.47 million, a price-to-earnings ratio of -6.79 and a beta of 0.68.

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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