Sokoman Minerals (CVE:SIC) Trading Up 50% – Here’s Why

Shares of Sokoman Minerals Corp. (CVE:SICGet Free Report) were up 50% during mid-day trading on Wednesday . The company traded as high as C$0.07 and last traded at C$0.06. Approximately 4,926,049 shares traded 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 Stock Performance

The company has a market cap of C$15.76 million, a PE ratio of -5.50 and a beta of 1.76. The stock has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.04.

About Sokoman Minerals

(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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