Sokoman Minerals (CVE:SIC) Shares Up 50% – What’s Next?

Sokoman Minerals Corp. (CVE:SICGet Free Report) shares rose 50% during mid-day trading on Wednesday . The stock traded as high as C$0.07 and last traded at C$0.06. Approximately 4,926,049 shares changed hands during mid-day trading, an increase of 861% from the average daily volume of 512,820 shares. The stock had previously closed at C$0.04.

Sokoman Minerals Price Performance

The stock has a 50 day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. The company has a market capitalization of C$17.20 million, a price-to-earnings ratio of -6.00 and a beta of 1.76.

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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