Sokoman Minerals (CVE:SIC) Shares Down 12.5% – Time to Sell?

Sokoman Minerals Corp. (CVE:SICGet Free Report)’s share price dropped 12.5% during mid-day trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 116,216 shares changed hands during trading, a decline of 56% from the average daily volume of 261,669 shares. The stock had previously closed at C$0.04.

Sokoman Minerals Price Performance

The company has a market capitalization of C$10.03 million, a price-to-earnings ratio of -3.50 and a beta of 1.76. The business’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.

Further Reading

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