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

Shares of Sokoman Minerals Corp. (CVE:SIC) traded up 50% on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. 2,973,304 shares were traded during trading, an increase of 696% from the average session volume of 373,338 shares. The stock had previously closed at C$0.04.

Sokoman Minerals Price Performance

The firm has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.04. The stock has a market capitalization of C$15.76 million, a P/E ratio of -5.50 and a beta of 1.76.

Sokoman Minerals Company Profile

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.