Sokoman Minerals (CVE:SIC) Shares Up 47.4% – Here’s Why

Sokoman Minerals Corp. (CVE:SICGet Free Report) shares shot up 47.4% during mid-day trading on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.14. 4,946,379 shares were traded during 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 stock has a market cap of C$46.37 million, a P/E ratio of -10.01 and a beta of 0.68. 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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