Shares of Sokoman Minerals Corp. (CVE:SIC – Get Free Report) shot up 18.5% during mid-day trading on Friday . The stock traded as high as C$0.17 and last traded at C$0.16. 2,701,442 shares changed hands during trading, an increase of 474% from the average session volume of 470,454 shares. The stock had previously closed at C$0.14.
Sokoman Minerals Stock Up 22.2%
The company’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The stock has a market cap of C$54.66 million, a P/E ratio of -11.80 and a beta of 2.79.
Sokoman Minerals Company Profile
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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