Sokoman Minerals (CVE:SIC) Shares Up 37.5% – What’s Next?

Sokoman Minerals Corp. (CVE:SIC)’s share price shot up 37.5% during mid-day trading on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. 1,540,714 shares were traded during trading, an increase of 513% from the average session volume of 251,296 shares. The stock had previously closed at C$0.04.

Sokoman Minerals Stock Down 8.3 %

The stock has a market cap of C$15.76 million, a P/E ratio of -5.50 and a beta of 1.76. The business has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04.

Sokoman Minerals Company Profile

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.