Sokoman Minerals (CVE:SIC) Stock Price Up 29.6% – Still a Buy?

Sokoman Minerals Corp. (CVE:SICGet Free Report)’s share price rose 29.6% on Friday . The company traded as high as C$0.18 and last traded at C$0.18. Approximately 5,888,169 shares changed hands during trading, an increase of 1,097% from the average daily volume of 492,069 shares. The stock had previously closed at C$0.14.

Sokoman Minerals Trading Up 22.2%

The stock’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The firm has a market cap of C$54.66 million, a P/E ratio of -11.80 and a beta of 2.79.

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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