Sokoman Minerals (CVE:SIC) Trading Up 25% – Still a Buy?

Sokoman Minerals Corp. (CVE:SICGet Free Report)’s share price shot up 25% during trading on Tuesday . The company traded as high as C$0.06 and last traded at C$0.05. 2,195,586 shares traded hands during mid-day trading, an increase of 602% from the average session volume of 312,653 shares. The stock had previously closed at C$0.04.

Sokoman Minerals Price Performance

The stock has a 50 day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. The company has a market capitalization of C$17.20 million, a price-to-earnings ratio of -6.00 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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