Sokoman Minerals (CVE:SIC) Stock Price Up 37.5% – Still a Buy?

Sokoman Minerals Corp. (CVE:SICGet Free Report) shares were up 37.5% on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 1,540,714 shares were traded during trading, an increase of 513% from the average daily volume of 251,296 shares. The stock had previously closed at C$0.04.

Sokoman Minerals Trading Up 37.5 %

The stock has a market capitalization of C$15.76 million, a price-to-earnings ratio of -5.50 and a beta of 1.76. The company’s 50-day simple moving average is C$0.04 and its 200-day simple moving average 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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