Sokoman Minerals (CVE:SIC) Shares Up 50% – Here’s Why

Sokoman Minerals Corp. (CVE:SICGet Free Report) shares shot up 50% on Wednesday . The company traded as high as C$0.07 and last traded at C$0.06. 4,926,049 shares were traded during trading, an increase of 861% from the average session volume of 512,820 shares. The stock had previously closed at C$0.04.

Sokoman Minerals Stock Performance

The company has a market capitalization of C$15.76 million, a P/E ratio of -5.50 and a beta of 1.76. The stock’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.04.

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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