Sokoman Minerals (CVE:SIC) Trading 25% Higher – What’s Next?

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

Sokoman Minerals Price Performance

The firm’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The firm 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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