Sokoman Minerals (CVE:SIC) Stock Price Up 90.9% – Here’s Why

Sokoman Minerals Corp. (CVE:SIC) rose 90.9% during trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 10,861,942 shares traded hands during mid-day trading, an increase of 2,558% from the average daily volume of 408,642 shares. The stock had previously closed at C$0.06.

Sokoman Minerals Trading Up 90.9%

The firm has a market capitalization of C$34.78 million, a P/E ratio of -7.51 and a beta of 0.68. The company’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04.

Sokoman Minerals Company Profile

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.