Sokoman Minerals (CVE:SIC) Shares Down 8.3% – Here’s Why

Sokoman Minerals Corp. (CVE:SICGet Free Report)’s share price fell 8.3% during trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. 963,050 shares were traded during mid-day trading, an increase of 77% from the average session volume of 542,835 shares. The stock had previously closed at C$0.06.

Sokoman Minerals Price Performance

The stock has a market capitalization of C$17.20 million, a P/E ratio of -6.00 and a beta of 1.76. The firm has a 50-day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04.

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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