Sokoman Minerals (CVE:SIC) Trading Up 47.4% – Should You Buy?

Sokoman Minerals Corp. (CVE:SICGet Free Report) shot up 47.4% during trading on Thursday . The stock traded as high as C$0.15 and last traded at C$0.14. 4,946,379 shares were traded during mid-day trading, an increase of 1,009% from the average session volume of 445,862 shares. The stock had previously closed at C$0.10.

Sokoman Minerals Stock Up 47.4%

The business’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The stock has a market cap of C$46.37 million, a price-to-earnings ratio of -10.01 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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