Sokoman Minerals (CVE:SIC) Stock Price Up 29.6% – What’s Next?

Sokoman Minerals Corp. (CVE:SICGet Free Report)’s share price rose 29.6% during trading on Friday . The stock traded as high as C$0.18 and last traded at C$0.18. Approximately 4,690,584 shares were traded during mid-day trading, an increase of 870% from the average daily volume of 483,367 shares. The stock had previously closed at C$0.14.

Sokoman Minerals Stock Up 22.2%

The company has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The firm has a market capitalization of C$54.66 million, a P/E ratio of -11.80 and a beta of 2.79.

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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