Sokoman Minerals (CVE:SIC) Shares Up 12.5% – Time to Buy?

Sokoman Minerals Corp. (CVE:SICGet Free Report)’s share price was up 12.5% during mid-day trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 264,000 shares traded hands during mid-day trading, an increase of 38% from the average daily volume of 191,437 shares. The stock had previously closed at C$0.04.

Sokoman Minerals Price Performance

The company has a market cap of C$12.90 million, a P/E ratio of -4.50 and a beta of 1.76. The company has a fifty 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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