Sokoman Minerals (CVE:SIC) Trading 25% Higher – Here’s What Happened

Sokoman Minerals Corp. (CVE:SICGet Free Report) rose 25% during trading on Tuesday . The company traded as high as C$0.06 and last traded at C$0.05. Approximately 2,195,586 shares were traded during mid-day trading, an increase of 602% from the average daily volume of 312,653 shares. The stock had previously closed at C$0.04.

Sokoman Minerals Stock Performance

The firm has a market capitalization of C$15.76 million, a P/E ratio of -5.50 and a beta of 1.76. The firm has a 50 day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04.

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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