Sokoman Minerals (CVE:SIC) Stock Price Up 90.9% – Time to Buy?

Sokoman Minerals Corp. (CVE:SICGet Free Report)’s stock price shot up 90.9% during mid-day trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.11. 10,813,942 shares were traded during trading, an increase of 2,594% from the average session volume of 401,453 shares. The stock had previously closed at C$0.06.

Sokoman Minerals Price Performance

The firm’s fifty day moving average price is C$0.03 and its 200-day moving average price is C$0.04. The company has a market capitalization of C$34.78 million, a price-to-earnings ratio of -7.51 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.

Further Reading

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