Shares of Sokoman Minerals Corp. (CVE:SIC – Get Free Report) were down 7% on Friday . The company traded as low as C$0.24 and last traded at C$0.24. Approximately 704,565 shares were traded during trading, an increase of 16% from the average daily volume of 609,419 shares. The stock had previously closed at C$0.26.
Sokoman Minerals Price Performance
The firm has a market cap of C$77.84 million, a price-to-earnings ratio of -16.80 and a beta of 2.79. The business’s 50-day moving average price is C$0.06 and its two-hundred day moving average price is C$0.05.
About Sokoman Minerals
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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