Sokoman Minerals (CVE:SIC) Trading 90.9% Higher – Time to Buy?

Shares of Sokoman Minerals Corp. (CVE:SICGet Free Report) traded up 90.9% during mid-day trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.11. 10,813,942 shares traded hands during mid-day trading, an increase of 2,594% from the average session volume of 401,453 shares. The stock had previously closed at C$0.06.

Sokoman Minerals Trading Up 90.9%

The firm’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04. The stock has a market capitalization of C$34.78 million, a price-to-earnings ratio of -7.51 and a beta of 0.68.

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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