Sokoman Minerals (CVE:SIC) Stock Price Up 50% – Here’s What Happened

Sokoman Minerals Corp. (CVE:SICGet Free Report) shot up 50% during mid-day trading 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 Up 50.0 %

The firm has a market cap of C$17.20 million, a price-to-earnings ratio of -6.00 and a beta of 1.76. The company has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.04.

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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