Sokoman Minerals (CVE:SIC) Trading Up 25.9% – Should You Buy?

Sokoman Minerals Corp. (CVE:SICGet Free Report)’s stock price was up 25.9% during mid-day trading on Friday . The company traded as high as C$0.18 and last traded at C$0.17. Approximately 5,584,000 shares changed hands during trading, an increase of 1,038% from the average daily volume of 490,510 shares. The stock had previously closed at C$0.14.

Sokoman Minerals Trading Up 22.2%

The firm has a market cap of C$54.66 million, a price-to-earnings ratio of -11.80 and a beta of 2.79. The stock has a 50-day moving average of C$0.04 and a 200-day moving average 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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