Sokoman Minerals (CVE:SIC) Shares Down 16.7% – Here’s What Happened

Shares of Sokoman Minerals Corp. (CVE:SICGet Free Report) traded down 16.7% during mid-day trading on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. 139,990 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 281,575 shares. The stock had previously closed at C$0.03.

Sokoman Minerals Stock Performance

The stock’s fifty day moving average price is C$0.03 and its 200-day moving average price is C$0.04. The company has a market capitalization of C$8.12 million, a P/E ratio of 91.27 and a beta of 1.76.

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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