Sokoman Minerals (CVE:SIC) Trading Down 16.7% – Here’s Why

Shares of Sokoman Minerals Corp. (CVE:SICGet Free Report) traded down 16.7% during trading on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. 139,990 shares were traded during 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 Down 16.7%

The firm has a market capitalization of C$8.12 million, a price-to-earnings ratio of 91.27 and a beta of 1.76. The firm’s 50 day moving average is C$0.03 and its 200 day moving average is 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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