Sokoman Minerals (CVE:SIC) Shares Up 11.1% – Should You Buy?

Shares of Sokoman Minerals Corp. (CVE:SICGet Free Report) were up 11.1% during trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 255,000 shares were traded during trading, a decline of 31% from the average daily volume of 368,546 shares. The stock had previously closed at C$0.05.

Sokoman Minerals Stock Performance

The firm has a market cap of C$16.23 million, a P/E ratio of 182.55 and a beta of 1.76. The stock’s 50 day simple moving average is C$0.05 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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