Sokoman Minerals (CVE:SIC) Trading 50% Higher – Should You Buy?

Sokoman Minerals Corp. (CVE:SICGet Free Report)’s stock price rose 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 were traded 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 firm has a market capitalization of C$17.20 million, a PE ratio of -6.00 and a beta of 1.76. The company has a fifty day moving average price of C$0.04 and a 200-day moving average price 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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