Sokoman Minerals (CVE:SIC) Trading Up 18.5% – What’s Next?

Sokoman Minerals Corp. (CVE:SICGet Free Report)’s share price rose 18.5% during mid-day trading on Friday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 1,927,162 shares were traded during mid-day trading, an increase of 312% from the average daily volume of 467,849 shares. The stock had previously closed at C$0.14.

Sokoman Minerals Stock Performance

The business’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The firm has a market capitalization of C$54.66 million, a PE ratio of -11.80 and a beta of 2.79.

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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