Sokoman Minerals (CVE:SIC) Stock Price Up 33.3% – Should You Buy?

Sokoman Minerals Corp. (CVE:SICGet Free Report) traded up 33.3% during mid-day trading on Friday . The company traded as high as C$0.04 and last traded at C$0.04. 158,000 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 265,823 shares. The stock had previously closed at C$0.03.

Sokoman Minerals Stock Performance

The business’s fifty day moving average is C$0.04 and its 200-day moving average is C$0.04. The firm has a market cap of C$12.99 million, a P/E ratio of 146.04 and a beta of 1.76.

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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