Sokoman Minerals (CVE:SIC) Stock Price Down 8.3% – Should You Sell?

Shares of Sokoman Minerals Corp. (CVE:SICGet Free Report) traded down 8.3% during mid-day trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. 963,050 shares changed hands during mid-day trading, an increase of 77% from the average session volume of 542,835 shares. The stock had previously closed at C$0.06.

Sokoman Minerals Stock Performance

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

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