Sokoman Minerals (CVE:SIC) Trading 25% Higher – Should You Buy?

Sokoman Minerals Corp. (CVE:SICGet Free Report) shot up 25% during mid-day trading on Tuesday . The company traded as high as C$0.06 and last traded at C$0.05. 2,195,586 shares traded hands during mid-day trading, an increase of 602% from the average session volume of 312,653 shares. The stock had previously closed at C$0.04.

Sokoman Minerals Trading Down 8.3 %

The stock has a market cap of C$15.76 million, a PE ratio of -5.50 and a beta of 1.76. The business 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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